Markets Anticipate Economic Activity

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Manage episode 268541708 series 31291
By Don McDonald and Tom Cock. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

You would think that after one of the worst economic reports in the history of the United States that the stocks market would crash. Yet, it barely moved after U.S. Gross Domestic Product (GDP) plunged for the second quarter of 2020.

Why didn't markets fall? Everyone expected bad news, so it was built into prices. You need to understand that markets cannot be beaten. They can only be planned for.

670 episodes