"Closely watched housing index shows home prices dropped at fastest annual rate ever in August "
"Consumer confidence plunges to lowest on record"
"Big Tech Loses Its Safe-Haven Status"
"Treasury official says rescue operation will generate unprecedented borrowing needs"
So how does Wall Street react? dow is up almost 9 percent on word of a rate cut. Yes, a friggen rate cut. LOL.
Wall street truly knows whats best for america. This is because they make wise decisions. All the time. Ben Stein the Nixonite permabull and speechwriter/actor/economist/creationist is really a genius. Just wait and see.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.