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Thursday, 05/23/2024 4:05:53 PM

Thursday, May 23, 2024 4:05:53 PM

Post# of 24608
The market is WAY too forward looking. Powell utters something like "The economy is looking strong" and the markets panic because interest rates won't be lowered. If he even HINTS about the possibility of a rate INCREASE? The market panics and goes down in flames.

A company comes out with earnings and beats expectations. But because they "only" beat by 10%? The market punishes them for not knocking it out of the park.

It's ridulous.
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