Dan Ferris on the complexity of markets

Just philosophically I think that people don't create markets; markets happen to human beings.  We are in markets like fish are in water and the fish don't control the tides or the wind or the waves or the currents or the temperature or any of that stuff.  And I don't think humans have the kind of control over markets that they purport or that many people believe, like the Fed.  They think the Fed controls the market and make it go up and down by lowering or raising rates.  And I don't think it works that way.  I think the market is going to do what it does.  It's extremely complex.  It's not 3-D chess, it's a million-D chess every day, and there are too many inputs, it's too complex, we can't control it, we can only participate in it.

~ Dan Ferris, "Top 10 Potential Surprises for 2023," Stansberry Investor Hour, 47:25 mark, January 4, 2023