4 ms·
This is a non-story. Stocks are up ~9% over the last 6 months and are marginally off of all time highs.
by djoldman 1y ago
This is a non-story.
Stocks are up ~9% over the last 6 months and are marginally off of all time highs.
- ajross 1y agoAll such one-day market motion stories are "non-stories" then. That the market is primed for a correction is a widely held belief. Eventually there will be a "US stocks fall" story that meets your notability criteria, no?
- bitshiftfaced 1y agoThis says 1% movements happen in 20% of trading days, or about once a week: https://www.optimisticallie.com/p/running-the-numbers https://www.optimisticallie.com/p/running-the-numbers Given that the prior for this is so high along with how many different beliefs there are about why the stock market changes, I'd say that there's a fairly low probability that any given news article's explanation is the real reason behind why it moved 1%.