When “Bad News” Becomes “Good News”
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While Tuesday’s Producer Price Index (PPI) for April came in hotter than
expected (+0.5%), markets took the bad data in stride, perhaps because the
year/ye...
2 hours ago
Hi Uncle8888,
ReplyDeleteUsing behavioural finance, it's like both you & your colleague put in same effort with same results, but he gets promoted 4 times in 10 years while you only get promoted once?!?
For most people who only invested in STI stocks from 2010 onwards, it's like putting their money in harm's way of market risk & expect to be rewarded. But they see their neighbour getting 4X higher returns for similar risk! !@#$%^&*!?
The main advantage of a long-term rangebound STI between 3000 & 3400 is that it's good for short-term trading. ;)