Re:April Unemployment Rate Rose to a Record 14.7%
by Spooky23 on Friday May 08, 2020 @11:50AM
(#23116125)
I'm more talking about people in business in general. You'll see alot of posts on HN where people have faith-based belief in the market, for example.
Finance people make their livings working around information asymmetry and optimizing for market outcomes. (But remember, the thumb is on the scale, and many are too big for the institutions to fail!) If the market were magically aware, they wouldn't have a job.
Finance people make their livings working around information asymmetry and optimizing for market outcomes. (But remember, the thumb is on the scale, and many are too big for the institutions to fail!) If the market were magically aware, they wouldn't have a job.