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Re:Yield curve is blaring loudest recession warning since 2007 by human20190310 on Monday August 05, 2019 @02:10PM (#20616615)
Index funds basically delegate "price discovery" to the activity of other investors, and just assume that the market price is the right one.

This works as long as there are enough non-index investors trying to outsmart the market by actively trading.

Re:Yield curve is blaring loudest recession warning since 2007 by loeg on Monday August 05, 2019 @02:26PM (#20616842)
And there will always be active traders setting prices, because it is profitable to do so.