$^DJI+0.6% pulled off a nice job last night. What do you think?
I think the investor joy is quite unjustified, the index is reacting positively to what it should be reacting rather negatively to - raising the debt ceiling etc.
$^DJI+0.6% pulled off a nice job last night. What do you think?
I think the investor joy is quite unjustified, the index is reacting positively to what it should be reacting rather negatively to - raising the debt ceiling etc.
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I watched it yesterday too and found it interesting. And as you write it's actually a bit of a paradox that the index reacted positively to it.
Today, the market behaviour is perhaps even more bizarre than during covidu.
Maybe the Fed will put an end to this and we'll get our feet on the ground.
Perhaps.
I agree with you, the market values even negative news quite positively. However, the biggest problem for markets is usually uncertainty, so probably better a negative outlook than an uncertain one. :D
Probably true, but it's been really bizarre lately.
I agree
Best Article
Yesterday was another very optimistic day in the market. That happens sometimes😊Maybe it will fall again, but at the moment we need to take it as it is and not let things get out of hand.
That's true, but to me it's a signal that the market is behaving irrationally - I'm staying away.