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2,958.8 standard & poor's 500

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jack11

492 Posts.

25

01/05/20

12:00

Post #: 44378386
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Originally posted by greedymerchant: ↑

It did eventually. It crashed well before the US even began lockdowns. I'd call that forward looking.

When the estimates of the death toll were beginning to look overblown, the market began to climb rapidly. I'd call that forward looking.

All the effects of the bad quarterlies are priced into the market already. People in this thread seem to be the only ones on the planet who think 'bad quarterly = price goes down'. In this market, if the quarterly isn't as bad as expected, the price is going to climb. Things aren't as bad as once thought and thus the market is rising.

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Am sorry did you just say the market is rising because its not as bad as one thought.
It had nothing to do with the FREE MONEY, printing press then?

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