Data comes in better than expected
ADP and Moody's Analytics reported private payrolls fell by another 2.76 million in May. The ADP number was far less than the 8.75 million estimate. Data from the Institute for Supply Management showed the U.S. services sector contracted less than expected, rebounding from an 11-year trough.Small-cap stocks outperformed their large-cap counterparts on Wednesday, with the
Extraordinary Popular Delusions and the Madness of Crowds
9:30am started printing cash ended 4:00pm.
Here's what happened to the stock market on Wednesday - Like every other day, the market was up thanks to FEDERAL RESERVE and its free printing of money out of thin air.
Fed liquidity inflated the stock market, rinse and repeat.
Sverige Senaste nytt, Sverige Rubriker
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