Market Insensitivity
On Wednesday, the Federal Reserve sliced the benchmark interest rate. They cut half of a point. Unfortunately, the Dow Jones Industrial Average plunged 74.16 points.
On Thursday, the Gross Domestic Product contracted 0.3%. Surprisingly, the Dow Jones Industrial Average soared 189.73 points.
Apparently, Wall Street is indifferent.
On Thursday, the Gross Domestic Product contracted 0.3%. Surprisingly, the Dow Jones Industrial Average soared 189.73 points.
Apparently, Wall Street is indifferent.
posted by Daily Observer at 11:46 PM
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