Markets do try to look ahead. I doubt that is news to you. I made no judgement regarding how well they do that or anyone else which is irrelevant to what I was responding to.
I was responding to the guy who thought that somehow markets were going to tank tommorrow because the Supremes did not act on a last minuet appeal. The markets factored in the sale long ago and were not counting on the Supremes to stop it. The markets didn’t even have to look ahead. Whatever action it took was performed when the sale was published in the news or even before.
While I agree with that sentiment, I don't think anyone figured that it would go to SCOTUS and that SCOTUS would basically throw property rights and contract law out the window. I believe the second part is why some of us think the market will tank. While SCOTUS did not rule on the merits, the point is moot as the sale is finalized tomorrow and once done, it is over.
If you can't rely on property rights or contract law you lose one leg of our inalienable rights. Life, Liberty and the Pursuit of Property (Happiness).