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I thought of responding to this one but decided its better to let event unfolding itself. The problem with most investors is they are waiting for news which are merely intepretation of events already happened. Invest on news you will lose 99 times out of a hundred.
Some powerful people control the news and make fortune out of it. For us lowly peasants, we should look at the economic environment, the psychology of the players at work. Thats right, psychology baby.
In regards to this, who was the big gun? Times and times again, I have mentioned the Fed, the single most powerful player in the game. Sanders and Trump have come out publicly hinted they would reform Fed. So how they would counter this. These guys are building faith in the American people by masterfully taking the economy up through various instruments. Then the news follow. Americans are thinking: look, unemployment at record low, so low that new job numbers have started to slow after quarters and quarters of record high. Basically they are saying economy is doing so well we are considering a rate hike. Do we really need Sanders and Trump reform? Nope. This race is for Clinton to lose.
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