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Someone still thinks markets have to reflect the state of the economy?
by kubb 6mo ago
Someone still thinks markets have to reflect the state of the economy?
- ramon156 6mo agoTo put it simply, bad economy = more volatility. There's a reason ETF's are mostly fine when the economy sucks, because they don't bet on volatility. Day traders who are now betting their <25k savings on a random ticker aren't safe, though.
- daymanstep 6mo agoBad economy means the interest rate will be cut which means higher stock valuations. Bad economic news is good financial news.
- duttish 6mo agoIt would be easier to cut if inflation wasn't already rising due to increasing energy costs. Now central banks will be in a bind.