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minnow999's avatar

That is a d*mn good observation: One of the things I learned from Pete Steidlmayer in the 80s was, “When markets and ranges compress they can’t trade because they have no new information to discount.” So far, a radically changing world has had zero effect on stock prices, not counting falling and rising 35%-ish in 3 months. What I mean is, if no one is trading these prices, how can I trust them?

Frank Scucci's avatar

*TRUMP ON RUSSIA DEADLINE: IN 10 DAYS WE'LL PUT ON TARIFFS *TRUMP REFERS TO THREATENED SECONDARY SANCTIONS ON RUSSIAN OIL

Alyosha's avatar

This the same type of panic buying we saw when Trump said he going to bomb Iran.

Frank Scucci's avatar

Giving the drillers time to hedge and then Taco Trump to the rescue