The stock market in the United States
has undergone a mass change in psychology this week.
The impeachment hearings of a sitting United States President,
have fundamentally altered the seeming security of those who thought'
that they would never live the day to see this happen, before their own eyes.
Poof ! Just like that, the stock market now fears for the possible worse.
The re election of the sitting president that perhaps looked so assured
to big money financials just a week ago,
now suddenly,does not have the same assurance,
The United States House managers lead by Adam Schiff, of California
have done a brilliant job in building a compelling case,for impeachment,
The stock market had not discounted that possibility.
Fridays sharp stock market selloff simply reinforces my belief
that a tidal wave shift in market psychology has occurred overnight.
THE_UNWIND
1/24/20
NEW YORK
has undergone a mass change in psychology this week.
The impeachment hearings of a sitting United States President,
have fundamentally altered the seeming security of those who thought'
that they would never live the day to see this happen, before their own eyes.
Poof ! Just like that, the stock market now fears for the possible worse.
The re election of the sitting president that perhaps looked so assured
to big money financials just a week ago,
now suddenly,does not have the same assurance,
The United States House managers lead by Adam Schiff, of California
have done a brilliant job in building a compelling case,for impeachment,
The stock market had not discounted that possibility.
Fridays sharp stock market selloff simply reinforces my belief
that a tidal wave shift in market psychology has occurred overnight.
THE_UNWIND
1/24/20
NEW YORK