Today, the stock market had a sharp reversal of its recent slide. Was there great news on the corona virus front? Nope. As has been speculated on this forum, there seems to have been another factor at play....
https://finance.yahoo.com/news/stock-market-news-live-updates-march-4-2020-125211400.htmlAccording to the story, the markets are responding to the surge of Biden, and on the flip side, the decline of Bernie..... And for the record, YAHOO is not a right leaning news source.
Cykdelic
Loc: Now outside of Chiraq & Santa Fe, NM
Tex-s wrote:
Today, the stock market had a sharp reversal of its recent slide. Was there great news on the corona virus front? Nope. As has been speculated on this forum, there seems to have been another factor at play....
https://finance.yahoo.com/news/stock-market-news-live-updates-march-4-2020-125211400.htmlAccording to the story, the markets are responding to the surge of Biden, and on the flip side, the decline of Bernie..... And for the record, YAHOO is not a right leaning news source.
Today, the stock market had a sharp reversal of it... (
show quote)
Believable.
The market hates uncertainty and expected decreased earnings.
Cykdelic wrote:
Believable.
The market hates uncertainty and expected decreased earnings.
The markets also hates Socialists.
letmedance wrote:
The markets also hates Socialists.
I guess the Market "felt the burn."
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