alt Hacker News> anyone who says "this" was what happened on any day is wrong
There is never a singular reason. But there are negligible reasons. S&P not changing its rules was a negligible reason for today's tanking.
> anyone who says "this" was what happened on any day is wrong
There is never a singular reason. But there are negligible reasons. S&P not changing its rules was a negligible reason for today's tanking.
But how can you quantify that? There is no way to prove it, the market cannot say "I wasn't moved by this, I was actually moved by that and this part was actually just negligible."
Isn't it all subjective in the end because nobody really makes their trades with verifiable notes expressing the exact reason. So we can only guess right?