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Friday charts: Investor’s crystal ball, cloudy with a chance of FOMO
Friday charts: Investor’s crystal ball, cloudy with a chance of FOMO
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BTCCSquare news:
Markets traditionally price assets based on future expectations, but current behavior suggests a shift. Inflation data rises and federal deficits balloon, yet Treasury yields remain flat. Equities hit new highs despite looming recession risks.
Valuation expert Aswath Damodaran posits markets have abandoned prediction, adopting a reactive stance after repeated forecasting failures. Alternatively, stocks may still be discounting future outcomes—just not the ones analysts expect.
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