ilmscore | Prediction Details
"So there's a saying on Wall Street that goes buy the rumor, sell the news. And what that means is when you hear news of something happening, the markets already react to that. And then when the news happens, it's not as big of a deal as many people expect because it was already priced in."
By Minority Mindset | September 19, 2024 | Pending
From video
The Fed SHOCKED Wall Street With Their Rate Cut 00:09:38 - 00:09:50
Interpreted Prediction
The Wall Street adage 'buy the rumor, sell the news' implies that markets react to anticipated events before they occur, diminishing their impact when the actual news is released.

Prediction Details

Topic
Stock Market

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.