See the full story: www.forbes.com/sites/brando... (Illustration by Macy Sinreich for Forbes; Photos: Getty Images)
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Replies
Pru B. 馃 路 Jan 14
Because Trump is going to lose this one.
@zelenooq.bsky.social 路 Jan 15
Because of the bubble AI bubble
@rocinatereturns.bsky.social 路 Jan 14
Because if he destroys the fed none of it matters anyway we are all fucked.
@psvrh.bsky.social 路 Jan 15
No one wants to start the panic, and everyone thinks that Trump and Co will backstop them if something bad happens.
YowsersInTrowsers 路 Jan 15
Simple: the stock market is completely divorced from reality, just like the overwhelming majority of MAGA, rich people, and institutional investors
AhClem 路 Jan 14
Tax the rich!
Chucky Sumner 路 Jan 15
Because the investment class are pro-fascist and worship billionaires who are trying to buy our government and society?
Cryptkeeper Sophie Luther 路 Jan 15
I imagine all the traders are well-prepared for Trump to crash the dollar.
@tubbyturbo.bsky.social 路 Jan 14
Does it mention since 2000, 1% of Americans own over 50% of the stock market. Making the stock market not much more then a gauge of insider trading and backroom deals. Follow a Trump billionaires trades is the best stock advice.
Bob-Parker54 路 Jan 15
Fuck the stock market. Have you seen what's going on at the supermarket?
arrest-them-all馃珮 (godless radical leftist pond scum/vermin/it) 路 Jan 15
because "if they were really as bad as 'the left' claims they are, someone [else] would stop them..."
@cash-eliot.bsky.social 路 Jan 14
It鈥檚 because, per your story yesterday, those yachts ain鈥檛 gonna buy themselves. I鈥檓 gonna go lay down now as I鈥檓 pretty bushed from selling my plasma, again.
@makanaboy.bsky.social 路 Jan 15
How many everyday people own stock?
@stopdropendfascism.bsky.social 路 Jan 15
Inflation. Things cost more. We still make the same amount of salary. There is a looming debt crisis next.
Raffaello 路 Jan 15
Because in the short term they will benefit. Emphasis on short term .
Glonzo Chaser 路 Jan 15
If you look at past examples in emerging markets, the local stock market often doesn鈥檛 get hit. But the local currency does. Look at the USD vs other currencies since Trump started his Fed harassment.
@puckchuck19.bsky.social 路 Jan 14
Powell does not fear this child rapist.
Paddy 路 Jan 15
While stocks do not appear bothered the price of gold has shot up dramatically. People are quietly buying gold before the crash happens
@nightster1.bsky.social 路 Jan 15
F**k the rich, then eat them
Aaron 路 Jan 14
Because the stock market is completely propped up by his oligarch lackies.
Adam 路 Jan 14
Because stock holders have gotten quite unbothered by his chaos and they will now overlook it until there's real visible damage resulting from it.
@b-lus.bsky.social 路 Jan 14
Everyone knows Trump is right and Powell is corrupt. That's why. yw
X.A.N.A. 路 Jan 15
Stocks don't reflect reality anymore. They're all propped up by tech companies investing endless amounts of money into each other for AI slop which will absolutely not deliver on its promises while simultaneously raping the environment and stealing our electricity & water. It's not sustainable.
Amuse. 路 Jan 14
Hair looking great there Don.
Jason 路 Jan 15
I think at this point, the Dow, with no policing now, is as real as an assassination attempt....
SmallStoneRecords 路 Jan 15
Brian 路 Jan 14
The stock market indices are a reflection of how rich people feel about the world, and life is pretty good for those shits.
@forcrystalballs.bsky.social 路 Jan 14
You know it is actually been going down since Sunday don't you?
WookieeTaint 路 Jan 15
Ah. Shareholder value can still be maximized during the fascist takeover. Phew.