Wall Street is 'bewitched' by positive news on Iran, says UBS, with investors wanting to believe the war is over as opposed to verifiable information | Fortune

"Markets are not reacting to information; they are generally reacting to social media posts and headlines—even if those posts or headlines are fake news or contradictory," UBS's Donovan noted this ...

By · · 1 min read
Wall Street is 'bewitched' by positive news on Iran, says UBS, with investors wanting to believe the war is over as opposed to verifiable information | Fortune

Source: Fortune

"Markets are not reacting to information; they are generally reacting to social media posts and headlines—even if those posts or headlines are fake news or contradictory," UBS's Donovan noted this morning.

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