Right on the Election, Dead Wrong on the Market Reaction

📆 08-11-18 21:46:00
📰 WSJ

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Why it's hard to predict markets even when events go exactly as predicted

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First of all, stop believing that you know anything - ANYTHING - about the future. You don't. It's physically impossible. And not every market move is the result of a collective investment/asset allocation strategy. You're missing the simplest answer: widespread short covering.

Markets do best with republicans

Market was down today

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