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But we saved everything 🙂.
Justin Wolfers explains that the stock market serves as a forecast rather than a scorecard.
He states that prices move in response to shifting expectations about future profits. Calming conditions that lead to stock gains suggest, according to Wolfers, that peace benefits business more than conflict.
Wolfers recently highlighted a strong U.S. jobs report, describing the labor market as resilient. In a separate analysis, he discussed how Pentagon bomb spending impacts the global economy. These prior observations frame Wolfers’s perspective on how economic conditions and government actions affect market expectations.