Because something interesting is going on recently, which is what prompted OP's question. Making an observation that was just as true 6, 12, 18, etc months ago doesn't make for a compelling argument about current, new…
But only (1) is a logical explanation for _recent_ price movement, no?
Because something interesting is going on recently, which is what prompted OP's question. Making an observation that was just as true 6, 12, 18, etc months ago doesn't make for a compelling argument about current, new…
But only (1) is a logical explanation for _recent_ price movement, no?