It seems that the media is setting the confidence or fear of the public every day.
See a few weeks ago, when the US rate rose, 1 week before on a day the fell tumbled "because of worries of rate rise". Then the next 2 days it shot up. Then 3 days before rate actually rose, the news said people were scared again. BUt 2 days before the rate rose, it went up. And on the day of the rate rise, it went up.
And in Australian side, when they announced rate could rise on Tuesday, stocks went up because USA went up. BUt on Wedmesday, even when USA went up, the news in Australia says "Australians panic over rate rise" right in the morning. It made the All Ords tumble.
Anyone agree with this?