Quantum computer stock Riketty's recent high point

Quantum computer stock Riketty's recent high point is -57%. It happened in just one month. Canaries in coal mines do not have such canaries. Nasdaq is down about 5 percent from its high point, but Riketty is sensitively bending down like a bow in the same direction.

Among the stocks that plunged sharply are rare earth stocks MP Materials. They fell by about 42 percent. Even for U.S. stocks, theme stocks are as good as Korean miscellaneous goods.

Both highs were on Oct. 14 and Oct. 15 when Canara stocks began screaming over an event. It's hard to see on the Nasdaq index, but if you look at the odd week, you can see the exact timing of the decline.

What happened? There was a speech by Powell.

"Markets also took note of Fed Powell's speech. Powell said in his speech that the Fed's outlook on employment and inflation remained unchanged, which was interpreted as suggesting the possibility of further rate cuts. It also indicated that it could stop shrinking its balance sheet in the coming months, which is seen as a key step towards preserving ultra-short money market liquidity."

Isn't that a good thing? Right. That's why the 14th was the highest. Interest rate cuts and liquidity reduction policy suspensions. However, there seems to have been no more favorable news after that. Since then, it has been decided not to cut interest rates in December...