When everyone else is wrong
The stock market is a powerful globally distributed forecasting system. Last Friday it was forecasting a rosy future as the MSCI World index got to a new all-time high. But it does not make sense. There is no single entity controlling stock prices. They represent the collective best guess of the whole economic world on what the value of each company should be. Historically the market has been pretty accurate. For example, when the news broke about COVID-19 spreading, stocks plummeted in anticipation of a global crisis.
