And again you're off. The market has been pumped full of nitro for 2 years and now it is taking a breather and restoring some sensibility and reversion after being pumped to hell.
You alluded to the strange 'easy' market conditions even when YOU wrote:
People here (and on all other stocks) think they're genius stock pickers. The truth is that loose monetary policy by by central banks fuel stock market bull runs. Monkeys can make money during these times by throwing darts.
So when the market simply takes back some of the gains it has provided in the past 2 years, to you that means the market is crashing? Yes is has been spooked by interest rates but those in the know will be looking through this as a buying op as compared with your 'the world is going to cave in nonsense'. I think we know who the junior burger is here - the one who jumps at shadows aying the market 'crashing' v a reasonably orderly decline which you sounded like you expected anyway. You sound asute yet you regurgitate media hype.
Once the smart ones do their reseach and look through the interest rate media noise (which is extreme and done for monetary reasons) then people will realise and or have missed another buying op.
Interest rate noise clearly affects markets. The sheep all scatter and panic.
Interest rates barely make any difference to market performance.
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