Markets Are Always Looking For Reasons(4)

Discerning between what is "really bad market moving news" -

usually they are new news.

(not the ones that are heard once a week like

i) GDP growth forecasts; or

ii) another economist's bearish prediction; or

iii) research houses sell recommendations; etc.).


They may involve a

i) corporate scandal

ii) manipulation

iii)CBT.


The thing which cropped up last week was a good example of largely unanticipated news.

I do not think the market's over-reacting here because Asian countries have seen examples of the effect it can have on the real economy should portions of the economy shut down.