Author Topic: Stocks Plunge, Interest Rates Soar  (Read 692 times)

Offline Nemo

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Stocks Plunge, Interest Rates Soar
« on: October 03, 2023, 03:54:43 PM »
Thats how Drudge has this section titled.

Nemo

https://www.cnbc.com/2023/10/02/stock-market-today-live-updates.html


Quote
Updated Tue, Oct 3 20233:48 PM EDT
Dow drops 500 points Tuesday and turns lower for 2023 on interest rate spike: Live updates

https://www.marketwatch.com/story/how-treasury-market-upheaval-is-rippling-through-global-markets-in-4-charts-d71a9f72

Quote
How Treasury market upheaval is rippling through global markets in 4 charts
Last Updated: Oct. 3, 2023 at 8:04 a.m. ET
First Published: Oct. 3, 2023 at 7:00 a.m. ET


https://www.cnbc.com/2023/10/03/us-treasury-yields-investors-weigh-economic-outlook.html

Quote
10-year Treasury yield surges to 4.80%, a 16-year high
Published Tue, Oct 3 20234:24 AM EDTUpdated 4 Min Ago
« Last Edit: October 03, 2023, 03:57:25 PM by Nemo »
If you need a second magazine, its time to call in air support.

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Offline Felix

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Re: Stocks Plunge, Interest Rates Soar
« Reply #1 on: October 03, 2023, 09:19:55 PM »
Financially, looks like we are in the opening scenes of a Hollywood disaster movie.
Question is, who can swim, who can survive exposure to prolonged cold.
Could say, "It begins".
But unlike Nostradamus, most of us find pegging the exact time is difficult like Berra said, "making predictions is hard, especially when they're about the future".
Canned another batch today.
While my IRA took a thorough bath.
Might be too poor to pay much attention but I _now_ have some very nutritious salvage from a garden that was hit by early frost... Ball Canning book recipe for Green Tomato-Hot Pepper pickles!

Offline JohnyMac

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Re: Stocks Plunge, Interest Rates Soar
« Reply #2 on: October 04, 2023, 08:57:00 AM »
This is me yawning over the financial collapse...



...it is coming and MrsMac and my friends are ready.
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Offline Felix

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Re: Stocks Plunge, Interest Rates Soar
« Reply #3 on: October 04, 2023, 09:58:24 PM »
"Ready" is a relative thing.
We don't know what we don't know.  And while rogue waves are "rare", they do happen.
But with a squall in the horizon, the mercury falling fast, everything furled and secure, some sustaining food already prepared and the watch set... a measure of cautious confidence is warranted.
Sleep well tonight, mates.
We deal with tomorrow (or our watch) when it comes.
(Tomorrow I fly to God-Awful So-Cal for a dog test I wish I had never agreed to judge those many months ago.    Please pray the world holds together long enough for me to make the flight home on Monday morning...)

Offline JohnyMac

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Re: Stocks Plunge, Interest Rates Soar
« Reply #4 on: October 05, 2023, 09:23:50 AM »
Safe travels Felix. MrsMac and I will pray for a trip that involves no drama.  :cheers:
Keep abreast of J6 arrestees at https://americangulag.org/ Donate if you can for their defense.