Home News The High Cost of Cheap Money

The High Cost of Cheap Money

August 8, 2024

by Brian Maher
Daily Reckoning

The stars were once again in their courses yesterday… oil was poured upon troubled waters… the dip was bought.

All was peace.

Following Monday’s sharp unpleasantness, the stock market went trampolining back.

Yet gravity reasserted itself today.

The Dow Jones Industrial Average fell 234 points earthward.

With it came the S&P 500 and Nasdaq Composite.

Continue Reading at DailyReckoning.com…

Inflation Café (IC) content is informational only and based on information available at the time of creation. It is not an offer or solicitation, nor does it provide investment, tax, or legal advice. It may not consider your specific financial circumstances or objectives and may not be suitable for you. IC content is not a recommendation to buy or sell any securities. Readers should consult their own professional advisers and conduct their own independent investigations before making any investment decisions. IC does not guarantee the accuracy or completeness of its content or any third-party information it uses, which has not been independently verified by IC. Readers are cautioned not to rely solely on IC content for investment decisions.

IC and its owner may have financial interests in the companies discussed and may trade such securities without prior notice. IC is funded by sponsor advertisements, with payments ranging from five to ten thousand dollars monthly. IC does not charge its viewers/listeners/readers any fees. By accessing IC content, users agree that IC and its affiliates are not liable for any inaccuracies, omissions, or representations in the content provided.