The black swan theory or theory of black swan events is a metaphor that describes an event that comes as a surprise, has a major effect, and is often inappropriately rationalized after the fact with the benefit of hindsight.
A black swan is characterized by having an immense effect on the market and not knowing its a black swan till after the fact. This is a much more rare, illusive pattern: a nothingburger.
%%
That;
+ bullmarket uptrends climb a wall of worry. One lady said '''don't tell me does no good to worry; almost all the stuff I worry about never happens ''LOL-LOL................................................................................
