3 ms·
It's a good indicator of what the world (well, people with capital) believe in. A very positive general market reaction might indicate that the news is correct.
by sz4kerto 6y ago
It's a good indicator of what the world (well, people with capital) believe in. A very positive general market reaction might indicate that the news is correct. (Might.)
- netsharc 6y agoIf only it's that accurate... IMO market participants just react to news because they expect others to act a particular way, and I as a participant would try to see how I could profit from how others act. In this case, no one probably bothers to dig deeper, it's the BBC and it's good enough, everyone will think the world will soon be rid of Covid, so they will buy stocks, so I should also join the up wave...