What do investors mean when they use the phrase “It’s priced in”? They’re talking about the way investors’ expectations move financial markets. “It’s Wall Street’s fancy way of saying ‘anticipated,’ ” says Adam Johnson, founder and author of the Bullseye Brief financial newsletter. He gives the hypothetical example of a 14-year-old taking the family car for a drive without permission. “If you take a joy ride in your parents’ car at that age you will anticipate, or price in, the disappointment from your parents when you walk...

Source: Wall Street Journal May 04, 2020 01:52 UTC