5 ms·
The market demands more. It isn't reporting it is expectations.
by nerpderp82 8y ago
The market demands more. It isn't reporting it is expectations.
- olliej 8y agothe market is stupid. :D :D :D (I recognize that we're in the realms of irrationality of the market)
- skohan 8y agoI would love to know what percent of stock market decisions are meta-decisions. In other words, most discussion of the market discuss it in idealized terms - as if it's largely made up of rational actors making long-term decisions - but it doesn't seem like that's the driving force for market swings. It seems more like it's a bunch of people trading speculatively on how a collection of rational actors should react to news.
- ww520 8y agoThe market is quite rational. Fast growth, price up. Slow growth, price down. It's just the market measuring different things from what people expect.