Bad news is good news?
All the global markets blasted after the U.S. said quarterly growth may be weaker than expected, raising investors’ hopes that the Federal Reserve would delay plans to wind down its stimulus program. While news of the weakness in the world’s biggest economy was disappointing, it was also positive for investors, who were rattled last week after Fed Chairman Ben Bernanke said the U.S. central bank would slow its bond-buying program if the U.S. economy continues to strengthen.
As higher levels good selling therefore complete weakness was expected today but such strong Global markets positive reaction on that bad news was not imagined which crashed all Global Finanancial markets on 20-06-2013