ilmscore | Prediction Details
"buy the rumor sell the news and what what that means is now when it comes to interest rates there's a lot of rumors about interest rates being cut and what you generally see is people get excited about the idea of interest rates get cut because that's kind of the rumor and then once the news happens well everybody already knows about it and how much more room is there right because the stock market is all emotional and it's based off what people think is going to happen in the economy and by the time you hear about potential interest rate Cuts coming people have generally already priced in the interest rate Cuts"
By Minority Mindset | February 8, 2024 | Pending
From video
Why The Average American Feels Poorer In 2024 x Dan Frio 00:23:29 - 00:24:10
Interpreted Prediction
The stock market often rallies on rumors of interest rate cuts ('buy the rumor') and then sells off once the news is confirmed ('sell the news') because the market has already priced in the event.

Prediction Details

Topic
Stock Market

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