> Remember when this first happened we had no data Every time news come out and people wonder why the market is up, this is what they miss (and I've explain in

> Remember when this first happened we had no data Every time news come out and people wonder why the market is up, this is what they miss (and I've explain in more detail in other threads). Risk is priceable, uncertainty is not. Bad data (not wrong data) is better than no data. When people say 'it's priced in' what they typically mean is that uncertainty often pushes the market lower than bad things that are knowns. And, it makes sense. Individuals are almost always more stressed over an unknown than known bad news. It's human nature.