Is Market Going up Due to Economic Slump?
In June, the stock market has risen by 36% than May, but the delivery percentage is at the worst in the last 17 years.
In June, the stock market has risen by 36% than May, but the delivery percentage is at the worst in the last 17 years. Meanwhile, mutual funds have witnessed a 95% decrease in investments. This basically means that the rich are investing for the short-term, while avoiding any long-term investments. It clearly shows that they do not trust the economy and are speculating in the market.
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