I think this event falls under the sort of unknowable that Wall Street can’t immediately price. Or there’s more information about it still to drop and that will

I think this event falls under the sort of unknowable that Wall Street can’t immediately price. Or there’s more information about it still to drop and that will break the market. It’s also clearly got some crazy amplification factors pumping prices very high up. It can be hard for the pumping function to be overcome even by huge events. Now go say your daily 10-“0 Fed rate forever” prayers or the market might tank on the decreased faith.