# Reporting stock market changes after tragedies

**URL:** <https://boards.straightdope.com/t/reporting-stock-market-changes-after-tragedies/311572>\
**Category:** In My Humble Opinion\
**Created:** [July 8, 2005, 8:15am UTC](https://boards.straightdope.com/t/reporting-stock-market-changes-after-tragedies/311572 "2005-07-08T08:15:54Z")\
**Posts on this page:** 3\
**Page:** 2

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**Author:** ![An\_Arky](https://avatars.discourse-cdn.com/v4/letter/a/87869e/32.png) [@An\_Arky](https://boards.straightdope.com/u/An_Arky)\
**Post date:** [July 8, 2005, 4:56pm UTC](https://boards.straightdope.com/t/reporting-stock-market-changes-after-tragedies/311572/21 "2005-07-08T16:56:41Z")

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BTW, I’m terribly sorry to hijack.

As to the OP, I don’t have a problem with reporting the financials along with other coverage in the news of the bombing. It is a tangible component of events like this. Speculating on the speculation seems a bit silly, though.

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**Author:** ![Stringer](https://avatars.discourse-cdn.com/v4/letter/s/eb8c5e/32.png) [@Stringer](https://boards.straightdope.com/u/Stringer)\
**Post date:** [July 8, 2005, 6:23pm UTC](https://boards.straightdope.com/t/reporting-stock-market-changes-after-tragedies/311572/22 "2005-07-08T18:23:05Z")

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> [@An Arky](#):
>
> Overestimating the effects of the bombing _was_ a mistake, well-intentioned and accepted-practice as it was. The result was not what they had predicted, they were wrong. You can do everything “right” and still be wrong.

I’m sure stockbrokers would love to be privy to perfect information, but if we had perfect information we’d all be millionaires.

> [@An Arky](#):
>
> but why not base it on real value rather than speculative value

I think you need to brush up on how stock markets work.

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**Author:** ![An\_Arky](https://avatars.discourse-cdn.com/v4/letter/a/87869e/32.png) [@An\_Arky](https://boards.straightdope.com/u/An_Arky)\
**Post date:** [July 8, 2005, 6:30pm UTC](https://boards.straightdope.com/t/reporting-stock-market-changes-after-tragedies/311572/23 "2005-07-08T18:30:38Z")

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No, I know how the stock market works; I’m saying that some of the people on the ground speculating got it wrong.

Please, I’m not going to argue Capitalism 101 with you. I’m telling you the people who work stocks are reactionary, as all good amoral money people are trained. That’s not the point.

They got this one wrong, and they generally react too quickly to things whose real-life consequences aren’t actually felt till much later, if at all. Their premature ejaculations leave the customer unsatisfied.

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