Tuesday - "Market falls because of election"
Wednesday - "Market soars because of election"
Thursday - "Market plummets because of election"
Can we at least agree that no one has any idea what is going on?
Everyday “Our newspaper makes money by editorializing every tick change in the [$index] market by attributing unverifiable context and not referencing the previous tick we editorialized.”
The trick with news media is the word As.
"Market drops 3% as Foo"
OK, they are jumping up and down but they're doing it in the most efficient way possible. It has been proven time and time again!
The current stock market is astrology for white dudes who have too much money. Nothing matters, nothing makes sense, just vibes
All of them can be true, while still not providing any predictive utility.