Your are forgetting the British Comet jet airliner wing failure effect on a stock price. New tech in airliners and we did not mention airline hacking as they are too short-sighted to fix their IT platform needs.
Also, it is quite evident that MC is getting smaller in USA and EU and Middle East . . . thus they will have to fly on Credit card debt.
Global weather changes, whether cooler or hotter cycles pose risks for
global growth and travel jet buys actually going through.
We have not even talked of 100 war evolving, as how old-school economics produces profits.
Winter approaches and no shovel- ready jobs programs, except re-building the Middle East . . . forget USA.
Folks that do not have $$s to use, are maxing out credit draws.
One may conclude that the above is just fodder for Random Walking . . .
however cycles study tells us everything that goes up, has to go down.
War heats up in ME, and you can forget the new future jet airliner contracts.
BA 'might' come out on all this proposed above, yet if one has BA stock from $40-60 buy range . . . why not sell enough to be using 'free money' ride on the current ascending stock price?
Random Walk does not include that stock market is just a larger version of insider owned Casino and that AI and Quants can gradually draw off huge amounts of cash profit (Flash Crashes and daily steady small pin pricks of 401 K retirements). And, we thought the FED played with Funny Money.
Random Walk hardly includes the direct observation of 'Look . . . the Herd Instinct is heading for The Cliff'? Does prudence and observation not tell us there are no Miracles forever?
The German Leader forgot about Russian Winter and inadequate means to
re-supply his forces justly . . . What ME FAIL?!!
Russian Generals did not use the Random Walk . . . they looked and planned.
Some Giants of logic actually believe existence is pre-determined.
We just cannot find out how.
