(It doesn't, the stock market is extremely short-termist and tends to react to big changes long after they've already become obvious. In this case the market is likely reacting to recent "good" news about COVID-19 growth, and will be late in reacting to the upcoming recession.)https://twitter.com/cullenroche/status/1247387742599708673 …
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Market movements are only partially informed in the short-term (which is why the stock market is volatile). Stocks are more informed across long time horizons. Treating the stock market like a monthly instrument is like treating a CD like a daily instrument.
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