Feb. 17 at 8:45 AM
$AMZN $CLS $META $HOOD $SHOP
Markets don’t always misprice assets because the data is wrong. Sometimes they misprice because investors want certainty faster than reality can provide it. Right now, that impatience is showing up everywhere. Good news barely moves stocks. Strong earnings are met with selling. Stability is treated like stagnation.
The absence of immediate catalysts—rate cuts, policy shifts, or narrative clarity—has created a vacuum where fear fills the gap. In that vacuum, prices drift lower not because businesses are deteriorating, but because confidence is. The market isn’t signaling failure. It’s signaling fatigue.
For long-term investors, especially those who can’t monitor markets constantly, this is a crucial distinction. Volatility driven by impatience behaves very differently from volatility driven by structural damage. One destroys value. The other redistributes it.
👉 By the end of this newsletter, we break down why impatience c
https://www.wizeinvesting.com/p/the-market-isn-t-broken-it-s-impatient
