This means the market believes the cycle is going to be extended out.
The market believes the Fed's target is the current rate of 3.75 percent.
The market believes too well that the earnings will improve.
"I think the market probably believes some positive work will be done on the deficit."
The market believes strong growth prospects are limited in the medium term and the stock fell 11p to 456p.
"The market believes there is a very high risk that this thing doesn't come out at all."
"Well, the markets did not believe them and they still don't."
"The market doesn't believe in the Government anymore," said the owner of one exchange house.
But two weeks is a long time when the markets believe that the Government has no clear policy.
The markets who have the power believe in his strategy.