Dow up 500 points on expectations of interest rate cuts. The average interest rates cuts to have any meaningful impact on the real economy is 5% or higher. That is not possible simply because FED rates are below 5% for a long long time already. FED tools are rather limited if Trump trade disruptions lead to severe down turns.
Equity markets are simply being traded based on hopes and high frequency tradings and both have no relations to actual facts
The nature of Dow has changed over the years. Nowadays, it is dominated by high frequency tradings. It has no meaning other than theme for the day. Traditionally, purists and theorists like to say Dow is 6 months ahead of events, that Dow is a forecasting tool . There is no such any more if it ever did. Do not be deceived.
Created by qqq3 | Sep 25, 2019
Created by qqq3 | Sep 23, 2019
Created by qqq3 | Sep 18, 2019
Why should an emotional market follow your expectation to go doen? No sense.
2019-06-05 11:11
short..........it is just my opinion. 12 months from today, Dow will be much lower than today.
goes to show, those wall street players, not that smart one.
2019-06-05 11:21
a global recession cannot be avoided, any uptrend is opportunity to sell.
2019-06-05 12:41
well speak...the daily ups and downs of wall street do not change my basic opinion that the Trump wars are a disaster , that Wall is far too pro Trump even now, and they are wrong...............Wall Street is dominated by high frequency trades , not by truths / wisdom.
2019-06-06 01:04
Trump is saying the US economy is that good. If it is, why suddenly, the Fed is preparing to change tack?
2019-06-06 10:06
enning22 > Jun 7, 2019 9:06 AM | Report Abuse
don't be silly , american economy is strong and solid.
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wall street is more silly than people realise.
2019-06-07 09:27
Heavenly PUNTER UBS Shanghai Future Analyst
talk like some smart ass hahahah but everybody know tin kosong makes the most noise
2019-06-07 10:18
DT is now king of the stock market. He says something positive, matket up. Vice versa.
2019-06-07 10:23
y laychee > Jun 7, 2019 10:23 AM | Report Abuse
DT is now king of the stock market. He says something positive, matket up. Vice versa.
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that is true..........also true it means wall street has the IQ of a duck.
2019-06-07 10:26
enning22 > Jun 7, 2019 10:42 AM | Report Abuse
DT policies are the key impacting the US economy, so he calls the shot.
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the duck is destroying US and world economy.
2019-06-07 10:44
shortinvestor77
This fellow don't like to see market up as has no tickets at all. Then watch it up further lah!
2019-06-05 11:10