Understand that but my point is I’m too stupid to see how data manipulation that resulted in coming back and saying opps we lost 1M jobs yet the market goes up. I’m just too stupid to understand that. I’m ok with that but can not understand it.
Actually I think you’re quite perceptive. You see the historical and logical disconnects.
Lots of people are confounded by the market’s behavior. In the case of the 1M jobs ‘adjustment’ I think some people concluded this drop gives the Fed cover for dropping interest rates, and therefore money becomes cheaper for businesses. Which means (theoretically) higher profits.
But there are also computer trading algorithms, elephant traders, foreign money, other government economic manipulation, arbitrage plays, etc. driving the markets. The complexity of it all is mind boggling.