03-03-2009, 11:38 PM
|
 |
Sha Tin
|
|
Join Date: Aug 2006
Posts: 20,855
|
|
Quote:
|
Originally Posted by pgardn
The stock market reacts both to what has happened, AND what it believes will happen. I am not an economics major, I never even had the class (was not required like it is now) but this seems clear to me:
When the stock market reacts to economic reports that must be built from what has already has taken place it is using events that have already occurred as an indicator of the future. Partially anyways.
|
This is clear |