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The Water Cooler
General Discussion
Stock Market… this isn’t good IMO
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<blockquote data-quote="Aries" data-source="post: 3827434" data-attributes="member: 44328"><p>Yeah, the market doesn't always do what everyone expects, and it's entirely possible it will go up for a couple or three days, then start dropping again. That COULD be for reasons besides the fed raising rates, it's possible that enough people just saw some bargains.</p><p></p><p>A financial advisor told me a few days ago that the market can handle positive news, and it can handle negative news. The one thing the market absolutely hates is uncertainty. The little uptick could simply be that raising rates caused a little less uncertainty.</p><p></p><p>In other words... I have no idea. <img src="/images/smilies/rollinglaugh.gif" class="smilie" loading="lazy" alt=":rollingla" title="Rollinglaugh :rollingla" data-shortname=":rollingla" /></p></blockquote><p></p>
[QUOTE="Aries, post: 3827434, member: 44328"] Yeah, the market doesn't always do what everyone expects, and it's entirely possible it will go up for a couple or three days, then start dropping again. That COULD be for reasons besides the fed raising rates, it's possible that enough people just saw some bargains. A financial advisor told me a few days ago that the market can handle positive news, and it can handle negative news. The one thing the market absolutely hates is uncertainty. The little uptick could simply be that raising rates caused a little less uncertainty. In other words... I have no idea. :rollingla [/QUOTE]
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