Posted by DigiNomad on 1st of Dec 2023 at 02:34 pm
The ceasefire in Gaza stopped the rally in in tracks - mostly
sideways since it began.
I think the market reversed higher in late October just a few
days after the Israelis went hot (later October after a few weeks
delay). Looks like the melt up might continue again now that the
missiles are back to flying.
Strange coincidence in a weird world.
Posted by DigiNomad on 1st of Dec 2023 at 03:07 pm
Not sure. Markets went bonkers and basically broke records as
soon as Israel went in to Gaza, went sideways along with the
ceasefire, and started back up the day it ended. I almost feel like
bulls should be rooting for Hezbollah or Iran to get directly
involved. It all seems like catnip for the markets.
Probably another hidden liquidity thing. Global Govs are
talking austerity and budgets out of one side of their mouths while
saying that this isn't the appropriate time to think about budgets
out of the other. The largest increase / contributor in the
latest hot GDP release was a massive acceleration in Gov
spending...not surprisingly.
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Never underestimate FOMO ... lol
Posted by mla127 on 1st of Dec 2023 at 12:57 pm
Never underestimate FOMO ... lol ....
The ceasefire in Gaza stopped
Posted by DigiNomad on 1st of Dec 2023 at 02:34 pm
The ceasefire in Gaza stopped the rally in in tracks - mostly sideways since it began.
I think the market reversed higher in late October just a few days after the Israelis went hot (later October after a few weeks delay). Looks like the melt up might continue again now that the missiles are back to flying.
Strange coincidence in a weird world.
Yes, probably coincidence. The market
Posted by mastermind on 1st of Dec 2023 at 02:58 pm
Yes, probably coincidence. The market was due for some pause/consolidation.
Not sure. Markets went bonkers
Posted by DigiNomad on 1st of Dec 2023 at 03:07 pm
Not sure. Markets went bonkers and basically broke records as soon as Israel went in to Gaza, went sideways along with the ceasefire, and started back up the day it ended. I almost feel like bulls should be rooting for Hezbollah or Iran to get directly involved. It all seems like catnip for the markets.
Probably another hidden liquidity thing. Global Govs are talking austerity and budgets out of one side of their mouths while saying that this isn't the appropriate time to think about budgets out of the other. The largest increase / contributor in the latest hot GDP release was a massive acceleration in Gov spending...not surprisingly.