A week ago, stocks fell ~1% on news of President Biden’s tax proposal. Now a 1% decline isn’t newsworthy, but considering how quiet the market has been over the last few weeks, this was a rather noisy day.
And then for the lolz, on Friday the market erased all of the prior’s day declines and then some. I guess I shouldn’t be surprised. The returns on a single day tell you nothing about what will ha…
And then for the lolz, on Friday the market erased all of the prior’s day declines and then some. I guess I shouldn’t be surprised. The returns on a single day tell you nothing about what will ha…
The post A Random Walk appeared first on The Irrelevant Investor.