Down day finally, time to go shopping.
Funny how the big wigs trying to tell us that the market is down this morning because the FED. will raise rates late this year? I might not be a genius but I know that is false:
The truth is as follows:
Rates go down : equals economy getting worse heading into a bear market = stocks go down
Rates go up : equals economy getting better heading into a bull market = stocks go up
Just amazing how the big wigs are either consistantly lieing to us or they are just plain dumb.
I'd go with they are consistantly lieing to us.