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dude@lemmings.worldM to news@lemmings.worldEnglish · 3 months ago

Stocks tumble after Trump vows to hit Iran 'extremely hard' in coming weeks

abcnews.com

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Stocks tumble after Trump vows to hit Iran 'extremely hard' in coming weeks

abcnews.com

dude@lemmings.worldM to news@lemmings.worldEnglish · 3 months ago
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U.S. oil prices soared more than 10% on Thursday.
  • Rhaedas@fedia.io
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    3 months ago

    Everyone in on it has sold, got to create a low point to buy again.

    • UnderpantsWeevil@lemmy.world
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      3 months ago

      Everyone in on it has sold

      To whom? Who has the loose currency to absorb assets at these prices?

      • Rhaedas@fedia.io
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        3 months ago

        I don’t know. I don’t play this game. I just suffer like most of us at their whim.

        • UnderpantsWeevil@lemmy.world
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          3 months ago

          I don’t know.

          Seems like a vital part of the “All the savvy insiders have exited the market” theory of the economy.

      • monkeyslikebananas2@lemmy.world
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        3 months ago

        Your 401k

        • UnderpantsWeevil@lemmy.world
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          3 months ago

          Oh? I could have sworn it was a touch shy of the $19T market cap for the MAG7.

          Hell, it’s shy of the $10T in market cap of all US 401ks combined.

          So I gotta keep asking, who is actually holding these bags?

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