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re: Why is the stock market moving up?
Posted on 10/15/12 at 3:24 pm to LSURussian
Posted on 10/15/12 at 3:24 pm to LSURussian
Here are my thoughts. Disclaimer: keep in mind I know investing about as well as a typical welder knows LSU football.
A lot of analysts are saying that fear, uncertainty, and the re-election of the current administration/congress are already factored into current prices.
Besides this, I think alot of companies have lower revenue but also have lower costs due to trimming back on expenses that typically come with a growth strategy.
With the fact that the Fed has pledged to keep rates 0% till 2015, alot of investors are betting that they can beat the borrowing rate.
Lastly, it is possible that a lot of investors feel that the fiscal cliff will eventually be solved, even at the 11th hr, and that the market won't get quite as spooked by delays and tug-of-war that will occur.
Edited for punctuation/spelling
A lot of analysts are saying that fear, uncertainty, and the re-election of the current administration/congress are already factored into current prices.
Besides this, I think alot of companies have lower revenue but also have lower costs due to trimming back on expenses that typically come with a growth strategy.
With the fact that the Fed has pledged to keep rates 0% till 2015, alot of investors are betting that they can beat the borrowing rate.
Lastly, it is possible that a lot of investors feel that the fiscal cliff will eventually be solved, even at the 11th hr, and that the market won't get quite as spooked by delays and tug-of-war that will occur.
Edited for punctuation/spelling
This post was edited on 10/15/12 at 3:31 pm
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