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

https://abcnews.com/Business/stocks-tumble-after-trump-vows-hit-iran-extremely/story?id=131647304

72 points · 10 comments · view on lemmy.world

10 Comments

Rhaedas@fedia.io · 14 pts · 144d (5 replies)

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

UnderpantsWeevil@lemmy.world · 0 pts · 144d (4 replies)

Everyone in on it has sold

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

Rhaedas@fedia.io · 4 pts · 144d (1 reply)

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

UnderpantsWeevil@lemmy.world · 0 pts · 144d

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 · 4 pts · 144d (1 reply)

Your 401k

UnderpantsWeevil@lemmy.world · 1 pts · 144d

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?

pathwonder@kopitalk.net · 7 pts · 144d

See you guys Monday for the news Trump will change his mind for the next pump and dump.

SaveTheTuaHawk@lemmy.ca · 5 pts · 144d (1 reply)

oh no Pam..

shalafi@lemmy.world · 1 pts · 144d

Little late for Pammy to give a fuck now. :)

TacoButtPlug@sh.itjust.works · 3 pts · 144d

yet the millionaires and billionaires who speculate on downturns and the millionaires and billionaires who sell stocks and then buy them all back just made a killing.