ilmscore | Prediction Details
"Now, when we get bad economic news, the stock market falls. The reason why this is is previously, we'll talk about previous to this week. Anytime we saw bad economic news, we saw news that unemployment is rising. We saw news that wage growth is falling. We saw news that there's some pain in the economy, the stock market would rally because people would assume that that means that the Federal Reserve Bank is going to start cutting interest rates sooner."
By Minority Mindset | August 3, 2024 | Pending
From video
The Stock Market Falls Again: What’s Really Happening? 00:05:07 - 00:05:31
Interpreted Prediction
The stock market's reaction to bad economic news has reversed; previously it rallied on such news due to expected rate cuts, but now it falls.

Prediction Details

Topic
Stock Market Behavior

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