4 ms·
CNBC and financial publications always love to attach a narrative/reason to every stock movement. But the fact is nobody knows. There are just too many particip
by AznHisoka 6y ago
CNBC and financial publications always love to attach a narrative/reason to every stock movement. But the fact is nobody knows. There are just too many participants, each with their own agenda and prejudices.
The “priced in” narrative is just another made up reason, but as you said, it could simply because investors believe the government just won’t let the market fail.
- nickff 6y agoThe problem with saying things are 'priced-in' is that it's a basically worthless statement. There are so many things priced in, that it is impossible to know or understand them all. Some are right, some are wrong, and many are in-between. I am an efficient markets believer, but I think most of the talking heads are a bunch of hot air.
- AznHisoka 6y agoIt is a very worthless statement if you really think about it. Everything is priced in.. because that's literally the definition of a price - it's the cumulation of everyone's belief of what is going to happen. That's like saying water is wet.