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'War News' Is 'Good News'? - US Stocks End Historic Week Higher
For a brief moment midweek, Vladimir Putin went full Leeroy Jenkins... video But by the end of the week (during which many bloviated that Putin was potentially starting WW3), stocks were higher, Fed rate-hike trajectory had shifted hawkishly, oil was unchanged, gold was flat, safe-haven Treasuries were sold, cryptos were lower, and Biden approval ratings were higher. It seems like the ultimate 'bad news is good news' example - but as we noted in stocks (and applies to many other markets), the world and his pet rabbit went into this week hedged-and-wedged, and unwinding/monetizing those hedges sparked a virtuous ... (full story)
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- Feb 25, 2022 9:45pm Feb 25, 2022 9:45pm
- Tony112
- Joined Apr 2008 | Status: sometimes... news come unexpected | 2506 Comments
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- Edited Feb 26, 2022 1:57am Feb 25, 2022 10:49pm | Edited Feb 26, 2022 1:57am
- umbrella man
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- Feb 26, 2022 11:53am Feb 26, 2022 11:53am
- traderathome
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