Money Talks

The Stock Market Isn’t So Irrational After All

The stock market swings after Pfizer’s vaccine announcement prove that the market isn’t as wildly exuberant as many believe

James Surowiecki
Marker
Published in
5 min readNov 12, 2020

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Illustration: Pablo Delcan

Money Talks is a column that explores what happens when business, the economy, and culture collide.

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James Surowiecki
Marker
Writer for

I’m the author of The Wisdom of Crowds. I’ve been a business columnist for Slate and The New Yorker and written for a wide range of other publications.