Financial Markets: Riding the Wave?
Why do the markets show increases when spending legislation is introduced and boosted by the government?
Then, they dramatically nose-dive when the legislation is criticized as the media wonders about the legislative fate.
Followed by a brief “sunrise” in the markets when it appears that the Senate will pass the bill.
Lastly, another dive when some members indicate reservations or “no” votes?
The BBB isn’t the first one to follow this trend.
Could it be because the market is buoyed by the prospect of the government printing trillions of free dollars and then manic when it looks like they won’t get their promised free money?
Are their profit-takings in each manic up-wave?
Reminder...3:15 prayer time coming up.
Remember our nation and fellow FRens who need our prayers.
Praises for those who have shared positive news.
“The virgin will be with child and will give birth to a son, and they will call him Immanuel” - which means, “God with us.”
Matt. 1:23
