Post by
mouserman on Oct 18, 2023 9:59am
Financials selling off to start todays trading
Not sure why the sudden downslide, especially after some really decent results from the big US banks. USB had a stellar report, but is NOT one of the holdings in FTN.
Comment by
Donwaan on Oct 19, 2023 7:31am
Earnings dont move the overall market; its the Fed, focus on the central banks, and focus on the movement of liquidity, most people in the market are looking for earnings and conventional measures. Its liquidity that moves markets, Stanley Druckenmiller said. (MarketWatch)