Q1 GDP was 0.6% - Market is celebrating
Wow, the market is treating 0.6% GDP as if it were good news. SO we haven´ttechnically entered the recession - we are only on the edge. Time to party!
So the bad news happens next month and not this month. The market is behaving like a 4 year old. WHne things turn bad, watch it really pout and scream.
So the bad news happens next month and not this month. The market is behaving like a 4 year old. WHne things turn bad, watch it really pout and scream.
2 Comments:
Did you see that, it was at +145 and suddenly came to negative, and closed -11. Interesting, I cant seem to find any logic either...
This market is driving me nuts. Both SCC/QID are down 5% today. I am bleeding :((
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