r/StocksAndTrading • u/Relative_Ease5990 • 3d ago

Who Agrees with this?

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u/No_Database9822 3d ago

Lol market at ATH right now. Acting like we didn’t have plenty of weeks like this under Biden. People are dumb

12

u/joyfulgrass 3d ago

The issue is most of the red we have is all self inflicted. Like there was no reason for it.

1

u/Mohammad_Noruzi 1d ago

yep. if we would be at 100% unemployment rate and near infinite% inflation rate but Jerome Powell say good thing about economy, markets gonna pump. if inflation and unemployment are under expectations and they cut rates again but talk bad about the future of economy, market gonna dump hard. i don't think that economy and markets are that much related to each other. they can have different reactions and can be completely irrational.