Friday, September 9, 2022

What is driving the stock market – noise or facts?

Holistically the markets move in cycles and it has the tendency to be forward-looking. Therefore, both the good and the bad news gets discounted before it has truly occurred. The news that the West could go into recession is no longer ‘NEWS’. It has been fairly discounted by the market like it had discounted previous major events.

from Economic Times https://ift.tt/WN1g9Uv

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