# The State of Financial Markets Tells Us What Investors Really Believe Page: https://stenobird.com/podcast/audio-mises-wire-1133748/the-state-of-financial-markets-tells-us-what-investors-really-believe Text version: https://stenobird.com/podcast/audio-mises-wire-1133748/the-state-of-financial-markets-tells-us-what-investors-really-believe.md Podcast: [Audio Mises Wire](https://stenobird.com/podcast/audio-mises-wire-1133748) Published: 2026-06-29T19:25:13+00:00 Episode link: https://mises.org/podcasts/audio-mises-wire/state-financial-markets-tells-us-what-investors-really-believe Audio file: https://dts.podtrac.com/redirect.mp3/cdn.mises.org/2026-06/mises-145286_20260629.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/audio-mises-wire-1133748/episodes/the-state-of-financial-markets-tells-us-what-investors-really-believe ## Resource Mainstream economists claim that understanding and observing reality is not really “doing economics.” Instead, they believe that all we need are abstract theories that predict events well. But over time, financial markets must bend to the real world. Original article: https://mises.org/mises-wire/state-financial-markets-tells-us-what-investors-really-believe ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/audio-mises-wire-1133748/episodes/the-state-of-financial-markets-tells-us-what-investors-really-believe/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/audio-mises-wire-1133748/the-state-of-financial-markets-tells-us-what-investors-really-believe.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.