If RSI / ASI is imminent, it is indeed true that markets are radically mispriced. But this is because understanding the full implications of ASI is a fairly rareified matter. It's a single premise with massive, cascading implications across all markets, not just any particular price. I tend to defer to markets for forecasts, but markets are nevertheless made of people and institutions that mostly model the future autoregressively. It's thus asking quite a lot of markets to price a discontinuity…