Our readingWhat is a korrent?
Drawn from what Brad DeLong said
stock market Equities as a whole: what returns have been, whether prices carry information, and what attention does to them.
The proportional response of their prices to changes in interest rates should therefore be by far the highest. Interest rates go up. Their prices should go down, proportionately, the most. And yet it hasn’t happened.
Added to korrents 8 Oct 2026 · How quotes work · Something wrong? Tell us
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