If the stock market is always expected to increase over long periods of time, how is that not already priced in?

Ok, please help me understand how we're making any money at all, which I know we are, but why? I know I must be missing something, but how is future growth not priced into the evaluation of the market? Are companies simply always collectively beating expectations? Are evaluations of companies consistently pessimistic?

Submitted June 17, 2018 at 01:05PM by hunting555 https://ift.tt/2t39mjS