So why does the market not care about crashing profits? Because profits and the economy have not driven this bull market. Just the opposite. Bad news often sends the markets surging. Why?
The Smart Bird
The Early Bird for Investors — Provides a summary of the best commentary and pertinent news
Two fish were swimming past houses and cars and the first fish said, “this certainly is a large tsunami” and the second fish said “what’s a tsunami” and the first fish said “a tsunami is a large wall of water that pushes inland” and the second fish said “what’s water”.
In Goldman Sach’s Whitehouse Update I: Pre-Stock Market Crash Treasury Secretary “Moe” Mnuchin threatened that the stock market would crash if his tax cuts for the Super Rich did not get passed. Shockingly, the Republican’s passed the tax cuts. Okay,… Read More ›