Ah, the great "it's priced in" - but is it really? I guess nobody can really know, unless you're one of those that says the market is always correct.
And yes, there's front running an individual trade, but I was thinking a much longer timeframe, although I don't know what the right word for it would be. Would that be considered momentum? Pre-momentum?
No idea what the right word for what you are saying is. But it’s not front-running. Using front-running here would be similar to if I described a social engineering hack as a “zero-day”. Except worse as front running is frequently legally defined by groups like the sec & finra.
In fact this sort of change has long been priced into the market, it won’t change prices much at all when it happens.