Reflections On Investing: When Bad News Is Good News For The Stock Market
Image Source: Pexels
The market's worst day of 2022 was Sept. 13, when the Bureau of Labor's Consumer Price Index came in higher then expected. A month later, the next CPI release was a similar surprise. However, the market's reaction to that news was very different.
Former Goldman Sachs CEO Lloyd Blankfein remarked: "This is one of those trading days where if you really had the news in advance, you really would have lost a lot of money."
00:06:51
More By This Author:
Where Do We Go From Here? Valuing the S&P 500
Discount Rates And Realized Returns
Reflections On Investing : Forecasting Returns
Disclaimer: Cornell Capital Group LLC is a registered investment adviser. Information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or ...
more
Comments
