Markets are not efficient. Especially not on short timescales where even FedEx deliveries aren't quick enough to reallocate supplies and keep shelves from going bare. And especially not during an emergency that is very obviously triggering widespread irrational behavior. And especially not when consumers are working with insufficient information, because literally nobody on earth knows to a high degree of certainty or precision just what degree of risk we're facing.
Markets are not efficient. Especially not on short timescales where even FedEx deliveries aren't quick enough to reallocate supplies and keep shelves from going bare. And especially not during an emergency that is very obviously triggering widespread irrational behavior. And especially not when consumers are working with insufficient information, because literally nobody on earth knows to a high degree of certainty or precision just what degree of risk we're facing.