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The market reacts to expected news, not just current news. The fact that bad news is coming might already be priced in. It's hard to say how bad a piece of news
by comicjk 7y ago
The market reacts to expected news, not just current news. The fact that bad news is coming might already be priced in. It's hard to say how bad a piece of news would have to be to make expectations worse.
- manigandham 7y agoThe market hates uncertainty the most and nothing about this pandemic or the economic impacts are certain. There is definitely no good news anytime soon for there to be a serious uptrend.