Yes, just the same

"As usual the markets figured all this out long before I did.  The 2.6% yield on 30 year bonds is basically a forecast of future premature tightening by the Fed.  What I don’t understand is how markets can be so damn smart when they are composed on individuals who are individually quite stupid.  I suppose for the same reason that Albert Einstein’s brain was quite smart, despite being composed of neurons that are individually quite stupid."