Stocks are up ~9% over the last 6 months and are marginally off of all time highs.
ajross · 4h ago
All 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?
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%.
Stocks are up ~9% over the last 6 months and are marginally off of all time highs.
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%.
https://subs.ft.com/products
https://www.ft.com/content/cf711815-09dc-4ef3-8bb7-de6b7cb1f...
Probably not.
Personally, I think it should be treated like a corporate press release: PR, maybe even a declaration of intent, but nothing (yet) of substance.