AvaTrade Dispel Fear Mongering Numbers

AvaTrade Dispel Fear Mongering Numbers

Following news from another exchange platform earlier today about market improvements, AvaTrade have some more good news for traders as they state that “fear-mongering Numbers do not mean anything”.

This statement was made on their blog post earlier today in the wake of many different parties in the USA expressing fears about the potential rate of unemployment, some of which were as high as 25%. However, from what they have seen, they believe that these numbers do not provide an accurate representation of the situation and are mere “fear-mongering”.

75% of retail investor accounts lose money when trading CFDs with this provider

This is owed to the fact the US Equity market has continued to grow despite these statements from the authorities. They explain that “the fact is that the NASDAQ index is already positive for this year and the S&P500 index isn’t that far off and this confirms that investors are still determined to give a free pass to any weak economic number. They are betting that the US economy is likely to face sharp recovery after this dramatic plunge in the economic numbers.”

AvaTrade have optimistic about the markets of late and if you want to learn more about their opinions about the markets going forward, you can read them now on their platform.

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