{"id":1515,"date":"2008-01-22T09:46:56","date_gmt":"2008-01-22T15:46:56","guid":{"rendered":"http:\/\/www.paulryburn.com\/blog\/?p=1515"},"modified":"2008-01-22T09:51:27","modified_gmt":"2008-01-22T15:51:27","slug":"wild-ride-on-the-stock-market-today","status":"publish","type":"post","link":"http:\/\/www.paulryburn.com\/blog\/2008\/01\/22\/wild-ride-on-the-stock-market-today\/","title":{"rendered":"Wild ride on the stock market today"},"content":{"rendered":"

Keep your eye on the stock market today… in case you missed this morning’s news, the Fed cut its prime rate 3\/4 of a point in fear of a recession.\u00a0 That’s a HUGE move – normally they move it up or down 1\/4 of a point at a time.\u00a0 Stock markets around the world went down the crapper overnight.\u00a0 The U.S. markets have only been open a few minutes as I type this, and already the Nasdaq has lost 117 points, or 5% of its value.\u00a0 (Edit a few minutes later:\u00a0 It’s rebounded to only -2% now, so maybe there was an overreaction at the start of trading.)\u00a0 You can track the market averages on The Motley Fool’s homepage<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Keep your eye on the stock market today… in case you missed this morning’s news, the Fed cut its prime rate 3\/4 of a point in fear of a recession.\u00a0 That’s a HUGE move – normally they move it up or down 1\/4 of a point at a time.\u00a0 Stock markets around the world went … Continue reading “Wild ride on the stock market today”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/www.paulryburn.com\/blog\/wp-json\/wp\/v2\/posts\/1515"}],"collection":[{"href":"http:\/\/www.paulryburn.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.paulryburn.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.paulryburn.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/www.paulryburn.com\/blog\/wp-json\/wp\/v2\/comments?post=1515"}],"version-history":[{"count":0,"href":"http:\/\/www.paulryburn.com\/blog\/wp-json\/wp\/v2\/posts\/1515\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.paulryburn.com\/blog\/wp-json\/wp\/v2\/media?parent=1515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.paulryburn.com\/blog\/wp-json\/wp\/v2\/categories?post=1515"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.paulryburn.com\/blog\/wp-json\/wp\/v2\/tags?post=1515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}