Yesterday afternoon it was announced that a dead cow in Alberta was found to have mad cow disease. Of course the Live Cattle futures
traded in Chicago closed limit down long before that news hit the wires. Price reflects all information, both public and private, right?
interesting is that McDonald's stock started to tank only after the Live Cattle futures were locked limit down, not before. It's neat
to watch how markets react to one another and how prices almost always reflect the news before it becomes the news. As they
say on the Street: Information is Coin.
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