Real stock markets work the same way. If markets really were able to predict the future with perfect accuracy, no bubbles would ever form, and no one would have ever invested in Enron or Lehman Bros or Bernie Madoff. I don’t see how you can demand that a market make predictions based on information that doesn’t exist yet.
Real stock markets work the same way. If markets really were able to predict the future with perfect accuracy, no bubbles would ever form, and no one would have ever invested in Enron or Lehman Bros or Bernie Madoff. I don’t see how you can demand that a market make predictions based on information that doesn’t exist yet.