Information on how different economic announcements affect different industries

This is a discussion on Information on how different economic announcements affect different industries within the Economic & Fundamental Analysis forums, part of the Methods category; Originally Posted by EnlightenedJoe News have no effect on industries. News are formed by analysing the past activities of industries. ...

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Old May 10, 2016, 9:52am   #9
 
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Originally Posted by EnlightenedJoe View Post
News have no effect on industries. News are formed by analysing the past activities of industries. Everything in the news are already known by the industries, months if not years ahead.

The only people who are left in the dark are the joe public. Their knowledge of the industries lag month if not years of the reality. So if the joe public go gamble on old information such as news, they will lose all their shirts. Then they will become shirtless joes.
You aren't trying to say we don't need news reports for investing or trading, are you?
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Old May 10, 2016, 10:19am   #10
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Originally Posted by zaysev36 View Post
You aren't trying to say we don't need news reports for investing or trading, are you?
News reflects past reality. People who buy on news will lose. They would have missed the boat.
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