jackclee lm profile image 82

Why conventional wisdom seem to fail again? The market is at all time high after the election..


Just a week ago, all the pundits were predicting a stock market pull back if Trump was elected. And then Tuesday night of the election when it seem Trump was winning, the pre-market dropped 700 points. Yet, by the opening the next morning, the market actually rallied and reached a new high by the end of the week. Was this a black swan moment?

 

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The Old Guard profile image68

John Wilson (The Old Guard) says

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12 months ago
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  • jackclee lm profile image

    Jack Lee (jackclee lm) 12 months ago

    I agree the federal reserve have a lot to answer for but the prediction about the market is strictly independent. It is the perception of many on Wall Street and as we know from past experiences, they don't know any better than the rest of us.


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PhoenixV says

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12 months ago
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William F Torpey (William F. Torpey) says

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12 months ago
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