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Laelth

(32,017 posts)
8. I can't say.
Mon Sep 21, 2020, 11:02 AM
Sep 2020

What I will say is that the markets are neurotic. They tend to over-react to stimuli, and what bothers the markets most is uncertainty. Uncertainty leads to panic, and panic leads to irrational selling. Notice that you rarely (if ever) see panic buying, but selling is often driven by uncertainty that creates panic.

RBG’s passing has created uncertainty. That’s the only recent event (of which I am aware) that might create some uncertainty and some panic-selling.



-Laelth

All the people grinding their teeth need fillings. Beakybird Sep 2020 #1
Good one! MLAA Sep 2020 #2
I red an article- dentists seeing a big increase in cracked teeth progree Sep 2020 #24
Over my last 70+ years of casually watching markets I've discovered that... Binkie The Clown Sep 2020 #3
That's exactly right PirateRo Sep 2020 #5
'Mr. Morgan ! Can you predict what the market will do ?' eppur_se_muova Sep 2020 #7
Of course you are right, hour to hour. However, the 1/3 losses around March 2020, empedocles Sep 2020 #15
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The stock market is just, when you get down to it...the same as betting on the ponies. Thomas Hurt Sep 2020 #6
I can't say. Laelth Sep 2020 #8
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All the libertarian dickheads who are behind on their rent or mortgage are selling. Crowman2009 Sep 2020 #16
The death of Tony Tenpenny Blue Owl Sep 2020 #18
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