Replies to post #59643 on Zeev's Turnips Patch-No Politics (ZEEV)

[Math Junkie]

All those things are currently known to the stock market.

If I understand your argument, you're saying

1. Things are bad now, so when they get worse the market should take it badly.

2. Things weren't that bad in 1962, so when they got bad, there wasn't much reason to sell stocks.

This does not compute. The market responds to changes. If things are already bad when calamitous news comes out, that is an argument for less market reaction than in 1962, not more.