Trumpled (Alternative Leading)

[ElwoodBlues1]

As true as that is LP, financial markets still like certainty irrespective of whether or not some industries can make money from instability.

The lack of clear direction is a bigger concern than anything else, because the market is all about confidence.  Hence why Vaccine news causes a lot of stocks that are still having a lot headwinds rise exponentially.  Did you see what happened to energy and travel stocks particularly yesterday?  Surged by a ridiculous amount on the assertion we have a vaccine with a 90% success rate, with no real data to back it up.

FLT rose 16% on open.  Flight centre.  A company that released a capital note scheme to fill its coffers with money so they can remain liquid, whilst only making 12% of previous profits, which who knows what that does to its balance sheet.  Why?  because we "might" have a vaccine which means that they can finally start planning at returning to profit.

THAT is an example of what confidence can do to financial markets and what I am talking about.

Yep....Corporate Travel went up about 18% based on sentiment....there are no extra planes flying or any travel happening its all about confidence and sentiment and thats where the easy money gets made by the big boys.