Yesterday the US passed the expected plan, DJ dropped nearly 400 points. Is it because the plan is not good, useless, only passed with marginal majority?
If the plann is not good for economy, as indicated by market drop, why does US goverment think it is useful and want to implement it?
If it is able to do any good, why the market drop that much?
Though I know the saying "sell the news", but still can't understand the huge drop when passing the rescue plan.
Anyone can see some logic in it?
If the plann is not good for economy, as indicated by market drop, why does US goverment think it is useful and want to implement it?
If it is able to do any good, why the market drop that much?
Though I know the saying "sell the news", but still can't understand the huge drop when passing the rescue plan.
Anyone can see some logic in it?