They focus on what is convenient
World Bank cuts growth forecasts and markets fall. What bullshit, the markets never paid much attention to World Bank economic numbers before, so they are starting now? It is just a convenient excuse... and not the reason for markets falling.
If you shorted based on such reports into the lows, the next day it might be a case of stop out, with some stressful times, only to see the downward movement continue on Monday. Remember, these 'news' items are meant to 'shock' and elicit the emotions of 'fear and greed' to separate market participants from their cash in favour of the market manipulators/syndicates.
If you shorted based on such reports into the lows, the next day it might be a case of stop out, with some stressful times, only to see the downward movement continue on Monday. Remember, these 'news' items are meant to 'shock' and elicit the emotions of 'fear and greed' to separate market participants from their cash in favour of the market manipulators/syndicates.
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