oftentimes there are macro economic factors which
Post# of 9144
(Total Views: 472)
Posted On: 08/15/2019 7:39:27 AM
oftentimes there are macro economic factors which affect stocks across the board- like yesterday when the dow fell 800 points- individual companies, let alone nnlx -are not responsible for those macro-economic factors nor do they control them but naysayers will always find away to blame such macro factors on individual companies performance
most stocks fell yesterday due to macroeconomic factors supposedly signaling a recession- the u.k., germany, china and others have had slowdowns or even contractions in recent days and weeks,which is why the fed said they reduced usa interest rates by 1/4 % in late july, bc of international recession fears etc,
and the usa bond market briefly entered territory yesterday which had sometimes in the past been followed by a recession "22 months later"
since big investors are usually unable to invest in nnlx's classification, that should not have much affect in the long run for nnlx, and pharma is one of the sectors that are not usually influenced by such factors as much as many other industries
most stocks fell yesterday due to macroeconomic factors supposedly signaling a recession- the u.k., germany, china and others have had slowdowns or even contractions in recent days and weeks,which is why the fed said they reduced usa interest rates by 1/4 % in late july, bc of international recession fears etc,
and the usa bond market briefly entered territory yesterday which had sometimes in the past been followed by a recession "22 months later"
since big investors are usually unable to invest in nnlx's classification, that should not have much affect in the long run for nnlx, and pharma is one of the sectors that are not usually influenced by such factors as much as many other industries
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