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Kevin E.
@KevinE
3Wk
This does not necessarily have to be due to the PM figures. Over time, falling interest rates or other aspects may be more strongly priced in again.
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TaxesAreTheft
@TaxesAreTheft
3Wk
@KevinE
They should have been priced in long ago, the market is not that inefficient.
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Kevin E.
@KevinE
3Wk
@TaxesAreTheft
I keep seeing inefficiencies on the market. Be it €80 at 3M or €26.50 at BAT.
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TaxesAreTheft
@TaxesAreTheft
3Wk
@KevinE
That's true, of course, but interest rates are far more obvious and calculable. In the case of the two, these were more fundamental miscalculations.
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Stephan Schnee
@MrCumEx
3Wk
@TaxesAreTheft
perhaps because Altria continues to manage to keep profits rising and rising every year?
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