Wednesday, 1 July 2009

Not the "News"

Bloomberg healine reads U.S. Companies Cut June Payrolls by 473,000, More Than Estimated, ADP Says. Now is that good news? I don't think so. But so far this morning markets are up. That should make people think twice about the "NEWS" moving market. Prices move first, news comes second. Not the other way around like most people believe.

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