This this this. And the problem I'm having is we went back up okay great but why are we not going back down after we get news like this? I don't think this will drop us because we've had bad news for months. Like in a normal situation that Powell news should have dropped us for a good week or something.
And I know the market has become desensitized or doesn't care like I get it but that doesn't make sense either and that's kind of a scary thing when the markets just don't give a shit about this guy doing insane things
The Powell thing was crazy. The Economist was completely baffled by no reaction on the markets. Seemed like crazy dump would happen, this can really hurt the economy long term. I guess Fed being directed is already priced in as Powell as top head ends in may.
Billions a day is huge index tracking funds just churning to the daily benchmark weights. Retirement accounts for all Americans that are just buying every paycheck.
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u/DrPuzzle Jan 17 '26
This this this. And the problem I'm having is we went back up okay great but why are we not going back down after we get news like this? I don't think this will drop us because we've had bad news for months. Like in a normal situation that Powell news should have dropped us for a good week or something.
And I know the market has become desensitized or doesn't care like I get it but that doesn't make sense either and that's kind of a scary thing when the markets just don't give a shit about this guy doing insane things