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Recession Obsession

Bloomberg Opinion

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The Market Has No Memory of Price, Is It?

You do see a lot of grows stocks, a lot of te companies that have repriced more than just into a bare market. I mean, some of them are 30 % lower or more. Is there any conviction out there that they might reprice back at least a little bit to where they were? You know, ifome, this is one of the things i touch on in this column for to morrow, is that, famously, the market has no memory of price. It doesn't really care what you paid for a stock.

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