More specifically: "He found auctioneers could increase their revenue if they shared more information with bidders.
"This explains the detailed descriptions of item quality and provenance that we see at auction houses like Christie's and on sites like eBay", as a Bloomberg article put it this week.
The stock market is an auction house. The bidders and sellers will soon be informed.
Facts count. So we're back to the bulls and the bears.
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