While there are some valid arguments for the idea that markets take a short-term perspective, I believe they take a long-term horizon which is evident in the prices reflected in the market historically.
The Long-termism of the Stock Market
The Long-termism of the Stock Market
The Long-termism of the Stock Market
While there are some valid arguments for the idea that markets take a short-term perspective, I believe they take a long-term horizon which is evident in the prices reflected in the market historically.