Monday, June 22, 2020

market action & recation ..

in the evening, market drops and rises 2% each side on Navarrao' s comments, which were taken out of context, so market recovered  when clarified by him - all within an hour ...

funny, the machines don't understand the context .. yet ... rather, they follow Brownian motion .. which reminds me the role of Amitabh Bachchan in the movIe Sharabi ..!

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treasury plans to buy long term US debt to replace it by short-term debt

10y rates dropped by a point .. and stocks rise ... aka market manipulation and perfectly legal as done by US govt.