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Bad news is fully out, good news is taking effect
The Supreme Leader of Iran was assassinated!
Are you all curious why the market still rises against the trend despite such major bad news? Let's analyze. The market experienced a severe decline after Israel and Iran launched their first missile in the first lesson. However, only the first three missiles' bad news will be absorbed by the market, while the subsequent news gradually turns into good news. The death of Iran’s Supreme Leader appears to be bad news on the surface but is actually a major positive for the market. For the capital market, this news suggests that the war will end sooner or later, which will help the market recover to some extent.