How times have changed
The stock market in 2021:
"Meh, I'm quite unimpressed with this 30% revenue growth... should have been 50%+"
The stock market in 2022:
"9% revenue growth!? Amazing! I'll take it!"
Everybody who's been reporting is up AH the past couple days! It feels good but I easily recall last quarter when everything was down after hours no matter how great a report.
I am even more shocked by the pace of how thing change. Since 2020 feels like each year has so much dynamic and different narratives like a whole decade.
@rihardjarc I've noticed this since I started investing, in 2016. I guess chock it up to falling barriers to global participation in the markets as well as ever-shortening news cycles and always-on social media. Mainstream financial media and herd thinking are behind a lot of the narratives and speculation.