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A comment on Stocks Are Recovering While the Economy Collapses. Parent comment
Op said that the markets are priced based partly on expectations of the future, I don't see any claim that those expectations are necessarily correct.
In terms of the Fed's effect: Both the Fed's immediate actions as well as expectations of future Fed actions have an effect on prices.
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Op said that the markets are priced based partly on expectations of the future, I don't see any claim that those expectations are necessarily correct.
In terms of the Fed's effect: Both the Fed's immediate actions as well as expectations of future Fed actions have an effect on prices.