Interest rate worries cited as 'trigger' for stock market's swoon

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barrysoetoro
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Interest rate worries cited as 'trigger' for stock market's swoon

Post by barrysoetoro » Tue Feb 06, 2018 12:03 am

http://www.pennlive.com/nation-world/20 ... ed_as.html

Interest rate worries cited as 'trigger' for stock market's swoon
By The Associated Press
NEW YORK -- The long, smooth, record-setting ride on Wall Street is over. The stock market pullback that experts had been saying was long overdue has finally come.

Investor fears about higher interest rates escalated into rapid, computer-generated selling Monday that wiped out all the market's gains for the year. At one point, the Dow Jones industrial average dropped 1,000 points in less than an hour, and it ended with its worst day in more than six years. The Standard & Poor's 500 is now down nearly 8 percent from its record high, set a little more than a week ago.

Market professionals warn that the selling could continue for a bit. But many are also quick to say they see no recession looming, and they expect the strengthening global economy and healthy corporate earnings to help stock prices recover.

"The reasons for the increase in rates is the stronger economy," said Ernie Cecilia, chief investment officer at Bryn Mawr Trust. "The reasons are positive. It's not as if something like 2008 or financial Armageddon is coming."

The trigger for the sell-off came at the end of last week when a government report showed that wages across the country rose relatively quickly last month. While that's good for workers, traders took it as a signal that higher inflation may be on the way, which could push the Federal Reserve to raise interest rates more quickly than expected. Higher rates not only make it more expensive for people and companies to borrow, they can also drive investors away from stocks and into bonds.

The sell-off Monday was so steep that some market-watchers blamed automated trading systems. These systems are programmed to buy and sell based on several variables, and they may have hit their sell triggers following the first wobble for stock prices after an unusually placid run.


The boards 0bama tag team still doesn't get it.
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nolaxride
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Re: Interest rate worries cited as 'trigger' for stock market's swoon

Post by nolaxride » Tue Feb 06, 2018 12:48 am

barrysoetoro wrote:
Tue Feb 06, 2018 12:03 am
http://www.pennlive.com/nation-world/20 ... ed_as.html

Interest rate worries cited as 'trigger' for stock market's swoon
By The Associated Press
NEW YORK -- The long, smooth, record-setting ride on Wall Street is over. The stock market pullback that experts had been saying was long overdue has finally come.

Investor fears about higher interest rates escalated into rapid, computer-generated selling Monday that wiped out all the market's gains for the year. At one point, the Dow Jones industrial average dropped 1,000 points in less than an hour, and it ended with its worst day in more than six years. The Standard & Poor's 500 is now down nearly 8 percent from its record high, set a little more than a week ago.

Market professionals warn that the selling could continue for a bit. But many are also quick to say they see no recession looming, and they expect the strengthening global economy and healthy corporate earnings to help stock prices recover.

"The reasons for the increase in rates is the stronger economy," said Ernie Cecilia, chief investment officer at Bryn Mawr Trust. "The reasons are positive. It's not as if something like 2008 or financial Armageddon is coming."

The trigger for the sell-off came at the end of last week when a government report showed that wages across the country rose relatively quickly last month. While that's good for workers, traders took it as a signal that higher inflation may be on the way, which could push the Federal Reserve to raise interest rates more quickly than expected. Higher rates not only make it more expensive for people and companies to borrow, they can also drive investors away from stocks and into bonds.

The sell-off Monday was so steep that some market-watchers blamed automated trading systems. These systems are programmed to buy and sell based on several variables, and they may have hit their sell triggers following the first wobble for stock prices after an unusually placid run.


The boards 0bama tag team still doesn't get it.
Perhaps you could explain it?
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— "It will be revealed in the coming months that he was in fact born in Kenya" - 17 Nov 2016zxx

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barrysoetoro
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Re: Interest rate worries cited as 'trigger' for stock market's swoon

Post by barrysoetoro » Tue Feb 06, 2018 1:42 am

nolaxride wrote:
Tue Feb 06, 2018 12:48 am
barrysoetoro wrote:
Tue Feb 06, 2018 12:03 am
http://www.pennlive.com/nation-world/20 ... ed_as.html

Interest rate worries cited as 'trigger' for stock market's swoon
By The Associated Press
NEW YORK -- The long, smooth, record-setting ride on Wall Street is over. The stock market pullback that experts had been saying was long overdue has finally come.

Investor fears about higher interest rates escalated into rapid, computer-generated selling Monday that wiped out all the market's gains for the year. At one point, the Dow Jones industrial average dropped 1,000 points in less than an hour, and it ended with its worst day in more than six years. The Standard & Poor's 500 is now down nearly 8 percent from its record high, set a little more than a week ago.

Market professionals warn that the selling could continue for a bit. But many are also quick to say they see no recession looming, and they expect the strengthening global economy and healthy corporate earnings to help stock prices recover.

"The reasons for the increase in rates is the stronger economy," said Ernie Cecilia, chief investment officer at Bryn Mawr Trust. "The reasons are positive. It's not as if something like 2008 or financial Armageddon is coming."

The trigger for the sell-off came at the end of last week when a government report showed that wages across the country rose relatively quickly last month. While that's good for workers, traders took it as a signal that higher inflation may be on the way, which could push the Federal Reserve to raise interest rates more quickly than expected. Higher rates not only make it more expensive for people and companies to borrow, they can also drive investors away from stocks and into bonds.

The sell-off Monday was so steep that some market-watchers blamed automated trading systems. These systems are programmed to buy and sell based on several variables, and they may have hit their sell triggers following the first wobble for stock prices after an unusually placid run.


The boards 0bama tag team still doesn't get it.
Perhaps you could explain it?
I thought you and your boyfriend ly'in had an explanation for the other thread you posted a hershey's kiss? Oh, wait. You didn't....
0 x
☪ "that includes patriots like John Kerry, Wesley Clark, and Jesse Ventura", nobrain

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clusterchuck
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Re: Interest rate worries cited as 'trigger' for stock market's swoon

Post by clusterchuck » Tue Feb 06, 2018 8:59 am

OR.... Profit taking?

It could happen.
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Re: Interest rate worries cited as 'trigger' for stock market's swoon

Post by nolaxride » Tue Feb 06, 2018 10:02 am

barrysoetoro wrote:
Tue Feb 06, 2018 1:42 am
nolaxride wrote:
Tue Feb 06, 2018 12:48 am
barrysoetoro wrote:
Tue Feb 06, 2018 12:03 am
http://www.pennlive.com/nation-world/20 ... ed_as.html

Interest rate worries cited as 'trigger' for stock market's swoon
By The Associated Press
NEW YORK -- The long, smooth, record-setting ride on Wall Street is over. The stock market pullback that experts had been saying was long overdue has finally come.

Investor fears about higher interest rates escalated into rapid, computer-generated selling Monday that wiped out all the market's gains for the year. At one point, the Dow Jones industrial average dropped 1,000 points in less than an hour, and it ended with its worst day in more than six years. The Standard & Poor's 500 is now down nearly 8 percent from its record high, set a little more than a week ago.

Market professionals warn that the selling could continue for a bit. But many are also quick to say they see no recession looming, and they expect the strengthening global economy and healthy corporate earnings to help stock prices recover.

"The reasons for the increase in rates is the stronger economy," said Ernie Cecilia, chief investment officer at Bryn Mawr Trust. "The reasons are positive. It's not as if something like 2008 or financial Armageddon is coming."

The trigger for the sell-off came at the end of last week when a government report showed that wages across the country rose relatively quickly last month. While that's good for workers, traders took it as a signal that higher inflation may be on the way, which could push the Federal Reserve to raise interest rates more quickly than expected. Higher rates not only make it more expensive for people and companies to borrow, they can also drive investors away from stocks and into bonds.

The sell-off Monday was so steep that some market-watchers blamed automated trading systems. These systems are programmed to buy and sell based on several variables, and they may have hit their sell triggers following the first wobble for stock prices after an unusually placid run.


The boards 0bama tag team still doesn't get it.
Perhaps you could explain it?
I thought you and your boyfriend ly'in had an explanation for the other thread you posted a hershey's kiss? Oh, wait. You didn't....
Thanks for illustrating that you can't explain it. That you really have no clue.

Did you even READ what you posted? Or maybe you realize you contradicted yourself. Again.
0 x
— "It will be revealed in the coming months that he was in fact born in Kenya" - 17 Nov 2016zxx

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barrysoetoro
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Re: Interest rate worries cited as 'trigger' for stock market's swoon

Post by barrysoetoro » Tue Feb 06, 2018 10:54 am

nolaxride wrote:
Tue Feb 06, 2018 10:02 am
barrysoetoro wrote:
Tue Feb 06, 2018 1:42 am
nolaxride wrote:
Tue Feb 06, 2018 12:48 am
barrysoetoro wrote:
Tue Feb 06, 2018 12:03 am
http://www.pennlive.com/nation-world/20 ... ed_as.html

Interest rate worries cited as 'trigger' for stock market's swoon
By The Associated Press
NEW YORK -- The long, smooth, record-setting ride on Wall Street is over. The stock market pullback that experts had been saying was long overdue has finally come.

Investor fears about higher interest rates escalated into rapid, computer-generated selling Monday that wiped out all the market's gains for the year. At one point, the Dow Jones industrial average dropped 1,000 points in less than an hour, and it ended with its worst day in more than six years. The Standard & Poor's 500 is now down nearly 8 percent from its record high, set a little more than a week ago.

Market professionals warn that the selling could continue for a bit. But many are also quick to say they see no recession looming, and they expect the strengthening global economy and healthy corporate earnings to help stock prices recover.

"The reasons for the increase in rates is the stronger economy," said Ernie Cecilia, chief investment officer at Bryn Mawr Trust. "The reasons are positive. It's not as if something like 2008 or financial Armageddon is coming."

The trigger for the sell-off came at the end of last week when a government report showed that wages across the country rose relatively quickly last month. While that's good for workers, traders took it as a signal that higher inflation may be on the way, which could push the Federal Reserve to raise interest rates more quickly than expected. Higher rates not only make it more expensive for people and companies to borrow, they can also drive investors away from stocks and into bonds.

The sell-off Monday was so steep that some market-watchers blamed automated trading systems. These systems are programmed to buy and sell based on several variables, and they may have hit their sell triggers following the first wobble for stock prices after an unusually placid run.


The boards 0bama tag team still doesn't get it.
Perhaps you could explain it?
I thought you and your boyfriend ly'in had an explanation for the other thread you posted a hershey's kiss? Oh, wait. You didn't....
Thanks for illustrating that you can't explain it. That you really have no clue.

Did you even READ what you posted? Or maybe you realize you contradicted yourself. Again.
There you go again. You say I contradicted myself, yet you didn't say how or why I..... again.
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☪ "that includes patriots like John Kerry, Wesley Clark, and Jesse Ventura", nobrain

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evilconempire
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Re: Interest rate worries cited as 'trigger' for stock market's swoon

Post by evilconempire » Tue Feb 06, 2018 11:17 am

Like I said, it's a bond thing.
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nolaxride
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Re: Interest rate worries cited as 'trigger' for stock market's swoon

Post by nolaxride » Tue Feb 06, 2018 12:01 pm

barrysoetoro wrote:
Tue Feb 06, 2018 10:54 am
nolaxride wrote:
Tue Feb 06, 2018 10:02 am
barrysoetoro wrote:
Tue Feb 06, 2018 1:42 am
nolaxride wrote:
Tue Feb 06, 2018 12:48 am
barrysoetoro wrote:
Tue Feb 06, 2018 12:03 am
http://www.pennlive.com/nation-world/20 ... ed_as.html

Interest rate worries cited as 'trigger' for stock market's swoon
By The Associated Press
NEW YORK -- The long, smooth, record-setting ride on Wall Street is over. The stock market pullback that experts had been saying was long overdue has finally come.

Investor fears about higher interest rates escalated into rapid, computer-generated selling Monday that wiped out all the market's gains for the year. At one point, the Dow Jones industrial average dropped 1,000 points in less than an hour, and it ended with its worst day in more than six years. The Standard & Poor's 500 is now down nearly 8 percent from its record high, set a little more than a week ago.

Market professionals warn that the selling could continue for a bit. But many are also quick to say they see no recession looming, and they expect the strengthening global economy and healthy corporate earnings to help stock prices recover.

"The reasons for the increase in rates is the stronger economy," said Ernie Cecilia, chief investment officer at Bryn Mawr Trust. "The reasons are positive. It's not as if something like 2008 or financial Armageddon is coming."

The trigger for the sell-off came at the end of last week when a government report showed that wages across the country rose relatively quickly last month. While that's good for workers, traders took it as a signal that higher inflation may be on the way, which could push the Federal Reserve to raise interest rates more quickly than expected. Higher rates not only make it more expensive for people and companies to borrow, they can also drive investors away from stocks and into bonds.

The sell-off Monday was so steep that some market-watchers blamed automated trading systems. These systems are programmed to buy and sell based on several variables, and they may have hit their sell triggers following the first wobble for stock prices after an unusually placid run.


The boards 0bama tag team still doesn't get it.
Perhaps you could explain it?
I thought you and your boyfriend ly'in had an explanation for the other thread you posted a hershey's kiss? Oh, wait. You didn't....
Thanks for illustrating that you can't explain it. That you really have no clue.

Did you even READ what you posted? Or maybe you realize you contradicted yourself. Again.
There you go again. You say I contradicted myself, yet you didn't say how or why I..... again.
OK. I'll take this slowly and point out your contradiction.

Why is the stock market correcting? What is the cause of 'potential' interest rate increases?
0 x
— "It will be revealed in the coming months that he was in fact born in Kenya" - 17 Nov 2016zxx

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