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jimlup

(8,009 posts)

21. The market reaction is extremely interesting

Reply to NewsCenter28 (Original post)

Wed Apr 29, 2020, 05:51 PM

Apr 2020

I think that it was reacting to the News of the Remdesivir. I personally believe it was over reacting to the good news and under playing the grim news.

Nevertheless, the market is a leading indicator so the economic news of today was already priced in. Again, I think that the market has not weighted the economic situation correctly but who's to say? I fucking hope that they are right and that we are pulling out of this fucking catastrophe.

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I've just noticed a disturbing pattern on days of grim economic news [View all] NewsCenter28 Apr 2020 OP

It's not a conincidence. You noticed that too, huh? SoonerPride Apr 2020 #1

I did Sooner! For sure! NewsCenter28 Apr 2020 #2

Look over there. gibraltar72 Apr 2020 #3

Oh, yeah. Newest Reality Apr 2020 #4

That's their MO. There is no reason I can see why the doc03 Apr 2020 #7

Here too. Newest Reality Apr 2020 #10

Taxpayers (borrowed money) gab13by13 Apr 2020 #20

Yeah, arousal after divorce.......... MyOwnPeace Apr 2020 #15

Heheh! Newest Reality Apr 2020 #17

This is one of the Kremlin's favorite mind control gambits WhiteTara Apr 2020 #5

That's been trump's MO the whole time. BComplex Apr 2020 #28

Putin (master spy) is his WhiteTara Apr 2020 #29

That's true, and you hardly have anyone, except Nancy Pelosi, saying it on national tv. BComplex Apr 2020 #30

When we reached the 50,000 death toll, Trump distracted with his nutso speculative cure nonsense wishstar Apr 2020 #6

It's 1984 we have alternative facts, bad is good, doc03 Apr 2020 #8

Notice too Proud Liberal Dem Apr 2020 #9

And... Newest Reality Apr 2020 #11

Exactly Proud Liberal Dem Apr 2020 #19

I'm sure investors were expecting steep contraction in GDP, and that was baked in Hoyt Apr 2020 #12

Not a 5% retraction, that was NOT baked in ... the top was 4.5 on the bad end. The Remd data was uponit7771 Apr 2020 #25

More than one thing can happen per day. mathematic Apr 2020 #13

Sure. They don't use distraction at all. They're a lovely bunch of guys and would never do that. Squinch Apr 2020 #22

Obviously, everything is a distraction or nothing is. mathematic Apr 2020 #26

Yup. The announcement that FDA will allow emergency use of Remdesivir is a ploy to NoRoadUntravelled Apr 2020 #14

The Fed has pumped over 6 trillion dollars into the market this month buying stocks and bonds yaesu Apr 2020 #16

EXACTLY vapor2 Apr 2020 #18

The market reaction is extremely interesting jimlup Apr 2020 #21

+1, It was, that was the only good news today and Lancet said Remd isn't effective among bad cases uponit7771 Apr 2020 #24

***EXACTLY !! *** 20 Seconds after horrible GDP news there's a partial study of Rem comes out uponit7771 Apr 2020 #23

We may be witnessing the biggest pump and dump in history MoonlitKnight Apr 2020 #27