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.
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