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Or the market's reaction following the announcement. I would imagine that they have to have two draft titles ready for every piece written about earnings announ

Or the market's reaction following the announcement. I would imagine that they have to have two draft titles ready for every piece written about earnings announcements.

jnordwick 9y ago
Not far off. On big announcements for economic releases and earnings reports there are multiple pieces written and when the reporter gets the numbers (sometimes under embargo) they choose the piece, fill in the blanks, make some finishing touches, and send it out. The market reactions however are driven by automated systems that get machine digestible metrics and reactions are programmed in ahead of time. The market literally adjusts at the speed of light.