> markets are just usually the first to reflect it. Maybe, but they have a history of overreacting to pretty much everything. Prices drop 10%+ in a day, withou

> markets are just usually the first to reflect it. Maybe, but they have a history of overreacting to pretty much everything. Prices drop 10%+ in a day, without actually waiting to see if policy changes will be implemented. Frequently the market drops pretty massively, only to recover within a few weeks. I have a romanticised view of the stock market, where people invest long term, in companies they believe in. The real stock market will punish a company if it makes a decent profit, if that profit is less than someone guessed 12 months in advance. Maybe the stock market needs to move away from HFT and focus things 2 - 5 years into the future. Imagine if you could only sell stocks at the end of each quarter. Short term think hasn't exactly left us in a good place.