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DaddyDersch OP t1_iybc4ja wrote

Agreed. Its really annoying how short sighted this market is... just like back in march. We didnt hot straight 100bps hikes which is what we needed. Now look at us.

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twarr1 t1_iybwe80 wrote

I’ve seen phycology studies that say markets tend to initially under-react to news only to over-react later. I’m thinking this may be a reason for the perceived irrationality we often see.

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S4m_S3pi01 t1_iyd738m wrote

You know, I'm something of a phycologist myself.

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