With unblinking honesty stock market shrug off the economic indicators.
13, Aug, 2022
By Leo Tolstoy "All that we can know is that we know nothing, and that is the sum total of human wisdom." To know the unknowable/s of the economy. usually, the stock market reflects the economic condition of an economy. If economy sheds the shine then output remains bright and faithful for the investors. The higher economic growth experiencing increase profitability. This higher profit makes the company shares more attractive bcz expected dividend and rate of return high, these tenders remain for longer terms while short term it seems speculative. In a period of uncertainty, investors may prefer to buy bonds/gold for greater security and avoid shares, to hedge the overall investment portfolio.
Flabbergasted,
— 𝔻𝕖𝕤𝕒𝕚 (@iJigneshDesai) November 25, 2020
RSI, MACD, DMA, EMA, BB, ATR, SAR, Oscillation, Volume all these indicators are +ve to the bull market,
Only economic indicators(GDP%, CPI, CAD & other) not support at this point despite having market ATH. #M10M
Leave a Comment