It is interesting that after four straight days up, when the Fed cuts interest rates from 1.75% to 1.25% the stock market goes down, and so far today it is down again. I thought interest rate cuts were supposed to make the market go up?
It seems the stock market has taken the rate cut as a sign that the Fed really thinks the economy is in big trouble.
I would like to see the Republications take some big steps like eliminating the tax on dividends.