投资者们经常相信会发生的事很可能不会成真。人们也时常这样说,“人人都知道美元会崩盘”或是“人人都知道美国联邦储备委员会(Fed)下次降息的时候,欧美股市会大涨。”不过,如果人人都“知道”要发生什么事情,那么很可能有人已经预见到了,并且已经买进或是卖出,所以我们看到的现象已经是市场做出的提前反应了。 What investors often believe will happen is unlikely to happen. People often say, “Everyone knows the dollar will crash,” or “Everyone knows the next time the Federal Reserve cuts rates, the stock markets in Europe and the United States will soar.” However, if people Everyone knows exactly what is going to happen, then it is very likely that somebody has foreseen and bought or sold, so what we see is an early response from the market.