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Likes ReceivedThe market is diving because Trump just gave a national speech. Why?
The market rose last night despite the negative ADP employment report, largely because there were high expectations for his speech this morning, hoping he would announce some kind of agreement or an end date. But none of that happened. What he said was basically a repeat of previous statements.
He also said that if no agreement is reached, strikes against them, including oil facilities, will continue for the next two to three weeks.
Well, while there was no positive news, there wasn't much negative news either. It's just that short-term sentiment has been amplified.
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