Home > Uncategorized > My take on korea fiasco

My take on korea fiasco

good news more than bad news.
market reacting well to good news.
us market only bear down 1%+ ytd
asia market all crawl back the losses (possible higher low? nobody knows to be exact)
only few missile drop over there (sorry if i sound very cruel), with us ship going over, you think north korea dare to fire more?
korean are not really scared about it.
take a look at sept11, how market reacts.
therefore: can try counter trend.

good news:
US Jobless Claims Decline to 407000, Lowest Since July 2008
October Consumer Spending up, Inflation at Record Low
Irish government unveils $20 billion in spending cuts

bad news:
Orders for US Durable Goods Unexpectedly Dropped in October

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