AFMC - Sentiment Speaks: The End Of Objectivity In Market Analysis And Potentially The Bull Run Too
2024-05-06 11:00:00 ET
Summary
- Most market analysis is centered around news and economic events.
- Yet, markets often react opposite of common expectations.
- We could be setting up a 25% decline in 2024.
The market rallied over 1% on Friday on a much worse than expected jobs report. And, I had a financial television show on in the background after the close, and I heard the host state the following after the rally made no sense to him:
Sentiment Speaks: The End Of Objectivity In Market Analysis And Potentially The Bull Run Too“People ask me when it comes to Wall Street, are they in their own little world, their own little cocoon, that they see all these college protests, that they see all these other worries, and a former President on trial right now . . .”