affable Blobfish_403
commented on
On Monday the market swapped from an overall decline to trading flatly. Two out of three S&P 500 sectors were climbing by the close after the day started in a reversal. Over the weekend, the world was affected by a major hurricane in the American south, ground raids in Lebanon, and yet another stimulus effort for Chinese stocks.
Just past 4 pm ET the $S&P 500 Index (.SPX.US)$ climbed 42 basis points to near...
Just past 4 pm ET the $S&P 500 Index (.SPX.US)$ climbed 42 basis points to near...
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affable Blobfish_403
liked
For the benefit of the ruling party, the Federal Reserve has lost its credibility and independence. All kinds of data are fabricated to cater to the ruling party's demands and interests. However, the truth will always be the truth, and lies cannot be covered up indefinitely.
Translated
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Economic data should be ensured not to look too bad before the general election, because data can be adjusted afterwards.
Translated
Economic data should be ensured not to look too bad before the general election, because the data can be modified afterwards.
Translated
affable Blobfish_403
commented on
The market fell Wednesday, but Semiconductors and software were climbing again, sending the Nasdaq higher. The S&P hit a new trading record within an hour of trading, but pulled back.
Just past 4 pm ET the $S&P 500 Index (.SPX.US)$ fell 19 basis points, the $Dow Jones Industrial Average (.DJI.US)$ fell 70, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 4 basis points.
MACRO
Wednesday, Crude Oil Inventories were cut by 4.4M bar...
Just past 4 pm ET the $S&P 500 Index (.SPX.US)$ fell 19 basis points, the $Dow Jones Industrial Average (.DJI.US)$ fell 70, and the $Nasdaq Composite Index (.IXIC.US)$ climbed 4 basis points.
MACRO
Wednesday, Crude Oil Inventories were cut by 4.4M bar...
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The economic recession in the USA has become increasingly difficult to conceal, forcing a 2-point interest rate cut, and further cuts are necessary. However, it is difficult to justify a significant rate cut to save the economy while also claiming the economy is doing well, making it hard to make a convincing argument without adjusting the data.
Translated
affable Blobfish_403
commented on
Thursday, the market climbed after the FOMC announced the first rate cuts in four years Wednesday. The S&P 500 and Dow closed at records, the S&P 500 hitting a closing high for the first time since July. $Tesla (TSLA.US)$ climbed 7%: the whole of the mag seven reached higher by more than $465B in market cap in trading session according to Bloomberg data.
Just past 4 pm ET the $S&P 500 Index (.SPX.US)$ traded 1.70% the $Dow Jones Industrial Average (.DJI.US)$ climbed 1...
Just past 4 pm ET the $S&P 500 Index (.SPX.US)$ traded 1.70% the $Dow Jones Industrial Average (.DJI.US)$ climbed 1...
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affable Blobfish_403 : Economic data should be ensured not to look too bad before the general election, because the data can be modified afterwards.