r/investing
So the market s* a brick Friday and it is pretty much cricket sounds on the news?
Market dropped significantly Friday but mainstream media is silent, suggesting underlying issues or impending panic.
- Significant intraday drop of 4% indicates strong selling pressure and negative market sentiment.
- Lack of media coverage on a major market move may suggest uncertainty or an attempt to downplay worsening conditions.
\-4% intraday, closing at -2.6%. Just about every time I have seen that before the news turns into an episode of Bikini bottom freaking out over one crisis or another.
I don't freakout, but I still find it odd that it barely registered on the main stream media.
One red day and everyone gets their panties in a bunch.
Wth.
We went back to a month ago prices. Not exactly the crash of ‘29.
\+25% in the last 6 months. Wake me up when it falls 20%, which I would expect to happen at some point.
Jobs report was way higher than expected, which is inflationary, and the market is now expecting a rate hike. That’s it.
All the hiring was in hospitality so my personal opinion is it’s surge hiring for the World Cup and not as bad as it looks on the surface.
"Jobs report"
cooked numbers
Exactly, so many people are just feigning ignorance to the decay of these institutions and outright gangsterism of the current administration. The market has never been so far removed from material reality, right now.
Are the losses of tech and white collar jobs in that report also just World Cup and not as bad as it looks on the surface?
I’m saying real hiring is way lower than the report reads on the surface (so putting more weight on tech and white collar job losses). That would support the position to cut rates, which the market likes.
Just buy the dip bro.
Underlying fundamentals are fine, just a healthy consolidating move
Huh? Every major news outlet has covered it as a significant drop. Maybe try actually checking the news before commenting
Even the most billionaire-owned outlet of all, WSJ, ran a story calling it a “Bloodbath” in the headline
So do you just not read the news or purposely turn a blind eye so you can make this post?
Major news outlets including bbc and also investment sites like marketwatch and wsj allreported the drop.
Interesting. I haven't heard this one yet.
Straight from the crackpipe. Bravo
This will sound crazy, but the market has actually been pricing in 1-2 rate cuts through 2027. If you get your hands on a forward rate curve from any bank you’ll see this. I also get briefed on this once a week at work.