Biden's Economic policies are a plus

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(08-08-2023, 02:51 PM)HarleyDog Wrote: Many opinions on Wallstreet believe the last hike was too much. We have yet to see the results of the last several raises. Some feel this last one might be the one that prevents the soft landing they were looking for. 

If a single 0.25 percent hike is the difference between a crash and not, then that means it was teetering on the edge anyway. The are events happening all the time that are 'stress testing' the economy. A strong economy is resilient against these types of random circumstances. So my point is if a 0.25 percent interest rate hike is enough to push the needle one way or the other, then that just means one of these other random events that 'stress test' the economy would have caused it the crash anyway.