From mboxrd@z Thu Jan  1 00:00:00 1970
From: Stefan Monnier <monnier@iro.umontreal.ca>
Subject: Re: Why does evaluating a piece of Elisp code seemingly not expand a
 macro?
Date: Mon, 18 Jan 2016 08:54:51 -0500
Message-ID: <jwvio2rf10h.fsf-monnier+gmane.emacs.help@gnu.org>
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> Does it mean that C-M-x is different than loading?

Yes.

> Or C-x C-e, for that matter?

As well.

> Is this covered by the manual?  (If not, it might need correcting.)

Not really.  The basic idea is that macroexpansion can take place
*anytime* (tho, before the code is actually executed).  If you care
about when expansion takes place you probably have a bug.


        Stefan