When Markets Move Faster Than Meaning

Wednesday, January 21, 2026
grayscale photo of Wall St. signage

For generations, financial markets were understood as expressions of human judgement. Prices moved because investors expected growth or feared decline. Volatility reflected uncertainty. Even panic had a psychology. Markets were imperfect, emotional and sometimes irrational — but they were intelligible. Movement implied intention. Today, that connection is weakening.

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