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Trading is like a herd that does not know why it moves, and random selling is the reason for the decline in the market.... The news in general is not negative, and the overall situation is not negative either..... Only random movements are the cause of the decline....
To those who say that the economy and Jerome Powell's statements are.... just think a little... The overall situation in the markets was much better than the current situation before the interest rate cut..... And now, after the start of the cuts, the markets have turned because (Jerome Powell) said we may not cut interest rates; if that were true, he would not have made the cut this time at all.
As for the economic news, it is a big deception... After the interest rate cut, the news came to confirm that the economy is strong and there is no economic recession.... The matter is clear.... Jerome Powell is deceptive.
Stop selling; this is all the market needs now, a small dose of awareness and acting wisely.