Tuesday, March 28, 2006
Fed Raising rates stuns the street.
After the FED raised rates yet again it really stunned wallstreet. The first 10 minutes before the announcement led to some buying, bringing the dow up 20 points. Right at the announcement the dow dropped some 80 points in about an hour.
I think the dow is heading down right now. From a fundamental standpoint the corporations that make up the dow will have to spend more to borrow funds. From a technical standpoint, we're hitting a peak.
Stay tuned.
Stock Investing
Investing Blog
Small Business Finance
- A small business like any other business takes money to stay afloat. Managing you finances can help lead you new venture to success.
I think the dow is heading down right now. From a fundamental standpoint the corporations that make up the dow will have to spend more to borrow funds. From a technical standpoint, we're hitting a peak.
Stay tuned.
Stock Investing
Investing Blog
Small Business Finance
- A small business like any other business takes money to stay afloat. Managing you finances can help lead you new venture to success.
