I am rapidly losing any respect I ever had for Wall Street

[senseandsensibility]

and I didn't have too much to begin with. It's almost unbelievable to me that the reason for the bounce back in stocks this morning is because the clown Bissent told some of them that the China trade war was going to deescalate

Apparently that was enough for the Wall Street wizards. No details, no plan, nada. Just more trust in trump BS, and they are STILL swallowing it.

I had actually started to think that they were waking up to reality yesterday with their strong reaction to the trump trashing of Powell. But no. All it took was a little whisper from a known clueless maga clown like Bissent and all is right again?
Pathetic.

[Locutusofborg]

1. You might be forgetting...

That short sellers can sway the market. Those are people who care less about ANY political position and just buy whatever is cheap on any particular day. For instance short sellers have put $16 Billion into shares of Tesla precisely because of Elon.

[senseandsensibility]

3. I'm probably missing more than that

I am anything but a financial expert, especially as it relates to the stock market. But I still think investors are being played on average although a few might be making small (or large) gains. Several experts today, though, specifically attributed the rebound to Bissent's comments.

[Johonny]

2. Vance is in India claiming negotiations

Have reached an agreement of sorts as well.

[senseandsensibility]

6. I would take any "claims" made by Vance

with a boulder of salt. In fact, I just heard on CNN that India is saying there will be no results from these negotiations until the Fall.

[taxi]

4. Sounds like a story we have all heard -

Let those who feel lucky keep buying lottery tickets or invest in today's stock market.

When four weeks had passed and Hansel was still thin, impatience overcame her, and she would wait no longer. "Hey, Gretel!" she shouted to the girl, "Hurry up and fetch some water. Whether Hansel is fat or thin, tomorrow I am going to slaughter him and boil him."

https://sites.pitt.edu/~dash/grimm015.html

[beaglelover]

5. I wouldn't exactly call Bissent clueless. I'm hoping that his words are proof that people are speaking to tRump and

telling him to knock it off with the tariff BS as no ONE, not even MAGAs, like to lose so much value in their 401(k)s so quickly.

[msfiddlestix]

7. I clicked cuz I felt like I needed to find out if this op was penned from an OPED or other writer.

Me? I never, not ever respected Wall Street.