Prices Move Before News
Wednesday, May 10th, 2017 Categories: China, Geo-Political Risk, Harlyn's Process
Our focus has switched from Europe to China
Newspapers like to argue that events are unforecastable, which is why you need to pay for access to news. We agree that forecasts don’t really work, but we don’t think news does either. We think that prices move before news. Very often the change in price is the news.