Quote:
Originally posted by Rich76_911s
The three top headlines on yahoo finance this morning were:
1. Worst addition of jobs since October
2. US consumer confidence hits a new low
3. Crude is over $72 a barrell
I am honestly just wondering why people love the market so much right now.
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...and after a few hours (or perhaps a day) the headlines will read the opposite. The news outlets sensationalize each indicator as if they are the sole bellwether for the health of our economy. I liken Yahoo headlines to watching a tennis match.
"Dow Jones surges close to all-time high"
"Jobs Data Send Dow to New 6-Year High"