AlexTeddySG
2022-12-23

US GDP rate is better and jobless claims also lesser than expected


Hmm this is the reason for last night meltdown of the markets.

Looks like for every good and bad reason market takes it as negative…

GDP rate is getting better…

Jobless claims falling than expected…

FED loosening the rates…

Companies earnings are better than expected…

Bank’s reporting better than predicted customer spendings and credit card usage….

All good… except that investors assuming weirdly that if everything is good then FED will screw it up tighter and if FED also blesses then recession will hit.

Pathetic negativity. Doesn’t make sense.

I don’t believe this. I wish I had more monies to buy these dips.


$Apple(AAPL)$ 

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Comments

  • Clow
    2022-12-23
    Clow
    Yeap it a volatile time especially year end coming [Speechless]
  • Rookie22
    2022-12-23
    Rookie22
    We need jobless claim to go up
  • marylampsg
    2022-12-23
    marylampsg
    gd info
  • 700k
    2022-12-23
    700k
    q
  • Vincent1968
    2022-12-23
    Vincent1968
    ok
  • tidehunter
    2022-12-23
    tidehunter
    ok
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