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This is correct. Neither the public nor the majority of economists have ever been able to predict a stock market crash. Price only crashes when reality falls sh
by zelly 7y ago
This is correct. Neither the public nor the majority of economists have ever been able to predict a stock market crash. Price only crashes when reality falls short of expectations. The fear is priced in. As long as everyone is expecting a crash, virtually no news can be worse than $(calamity causing event) which seemingly is anticipated.