Hacker News new | past | comments | ask | show | jobs | submit login

Yes! and this applies to all market commentary. Market goes down .7% and you have talking heads saying "fear of tariffs" "middle east tensions" "Hurricane season" whatever, next day market goes up .6% "talk of tax cuts" "Jobs numbers" whatever. There's no way anyone knows why "the market" behaves the way it does. The free market is the OG "Decentralized" project, it's 1 billion different decisions being made in a day each with their personal reasons. Yes, sometimes it's fairly obvious that something caused it (plane blows up, stock goes down) but that still doesn't explain the entirety of it





Consider applying for YC's Spring batch! Applications are open till Feb 11.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: