Individual investors are pouring fresh capital into the equity market yesterday and today. The reason is surprisingly simple; “The news is so bad that it can only get better, and if the bad news flow slows then logic dictates that the markets will rise. After all, if it goes up on bad news then it must rise on good news. Right?
Seriously. Do you know any “normal person” who is rushing to put his/her money to work in the past week?
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What a fucking crock of shit. By the way, they will fade.