Wednesday, November 27, 2019

Let me get this right...

November 27, 2019
By Ed Carson

Dow Jones futures fell late Wednesday, (click here) along with S&P 500 futures and Nasdaq futures, after President Donald Trump signed into law that expresses support for Hong Kong protesters, straining relations with Beijing with a China trade deal still not finalized. The stock market rally, fueled in large part on China trade optimism, set fresh all-time highs heading into the Thanksgiving holiday....

...the USA passed legislation that recognizes the student protesters in Hong Kong, Trump signs it and the financial markets are at the very least disappointed.

Is that right?

Well, that is too bad and the American people need to take notice of the viciousness of financial markets. Their "Bulls" can't seem to recognize human tragedy for the life of them. The financial markets are not managed by money. The financial markets are managed by human beings. For some strange reason the human beings making decisions about investment, for the human beings that have it, can't see human tragedy as a barrier to profits.

I guess the Hong Kong students and the American people for that matter should just lie down and die and accept their fate at the hands of Wall Street.

I don't think so.