“Call me nostalgic, but I remember a time when a bad jobs outlook sent the large-cap companies down, not up. The economy is weak, so a company’s profit expectations suffer. The logic makes sense. Today, however, we live in the topsy-turvy world of government-manipulated markets, where such asinine statements make complete sense… until they don’t. The problem with a market that lives at the teat of Washington’s policies is that it can be reversed in mere moments. One election. One popular news story. One social media outcry. One back-channel policy. One bloody coup d’état. That’s all it takes.”

https://www.caseyresearch.com/cdd/the-markets-are-rigged-how-to-opt-out-and-still-profit

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