3 ms·
Prices change in anticipation of changes to supply and demand, even if those changes have not occurred yet. The stock market will swing down on the announcement
by mannerheim 5y ago
Prices change in anticipation of changes to supply and demand, even if those changes have not occurred yet. The stock market will swing down on the announcement of an interest rate hike, even if such a hike hasn't taken place yet. So it's entirely reasonable to attribute price increases to current events (although it is still worth pointing out that it's only a contributing factor, since inflation has been quite high for months).
- syshum 5y agoYou forget one critical thing, there is vast difference between stock and Commodity trading which is 100% speculation based vs Physical goods pricing which is not. The idea that business are adjusting their physical goods sold pricing based on news events is laughable, I know of ZERO businesses that do that.
- mannerheim 5y agoThe price of gasoline seems to follow extremely tightly with the price of crude oil. https://www.macrotrends.net/2501/crude-oil-vs-gasoline-prices-chart https://www.macrotrends.net/2501/crude-oil-vs-gasoline-price...