Kinda funny to see some Wall Street executives think the administration cares about “business” and “stable markets.” This is the Oligarchy, only the selected get rich. 🤑 #econsky finance.yahoo.com/news/why-bar... - ThreadSky

truthsword.bsky.social • 5 days ago

Kinda funny to see some Wall Street executives think the administration cares about “business” and “stable markets.”
This is the Oligarchy, only the selected get rich. 🤑 #econsky

https://finance.yahoo.com/news/why-barclays-is-the-latest-wall-street-bank-to-slash-its-outlook-on-stocks-113229983.html

Comments

mariafartaroma.bsky.social•4 days ago

Economies do not perform well under dictatorships. This is not rocket science.

prometheusman.bsky.social•3 days ago

They do for the rich that cooperate

jonarnesen.bsky.social•4 days ago

Kinda funny.
Kinda dumb.
Or rather:

floridaman49.bsky.social•4 days ago

So true!

gregory-l-garcia.bsky.social•4 days ago

And people thought W & Skull and Bones was scary. What Secret Society is trump in? Dont say MAGA, that's his cult. Anyone read Illuminatus Trilogy? I'm on Lucifer's side. Lets see who he kisses at Bohemian Grove

itsnotathing.bsky.social•4 days ago

Sell tesla now. It will never be higher.

hiddencrow.bsky.social•4 days ago

My mutual fund manager said that my money is safe . Would not give me a what can I do if I wish up move my money. Just said it was safe. Now I’m worried and not sure what to do. Bonds?

johnaddams2024.bsky.social•4 days ago

Kinda funny to see Wall Street executives support a 6x bankrupt, multiple fail businesses, multiple scams grifter.

Trump just got to the disaster faster this time.

prometheusman.bsky.social•3 days ago

I am starting to believe trump’s bankruptcies and failed businesses were on purpose in some kind of money laundering scheme. For the Russian mafia

johnaddams2024.bsky.social•2 days ago

Russian mafia bought condos from trump.
Trump's father tried to launder money through the casinos to help his nepo, incompetent son.

toshyou.bsky.social•4 days ago

The stock markets were completely whipsaw for 4 years in his last administration.

elpeposo.bsky.social•5 days ago

They're so naive. The fact that the market jumped when Trump won and completely dismissed the catastrophic agenda they announced during the campaign is proof Mr Market can we irrational for months until it (forcefully) comes back to reality.

m-a-j.bsky.social•4 days ago

And here I thought the business of our government was the people, not the profits.

suncloudswe.bsky.social•4 days ago

Yup. CEOs got played.

prometheusman.bsky.social•3 days ago

Trump told them “I am going to make you rich as hell”

hankusmc.bsky.social•4 days ago

What I don't understand is the tech CEO's who are falling all over themselves to be close to President Scrambled Brains.

cnpompeius.bsky.social•4 days ago

Today's tech CEOs are not remotely half as smart as they think they are and twice as dumb as any charitable assessment. Not to praise billionaires but at least people like Bill Gates or Steve Jobs developed actual products that took years to percolate before they found themselves dirty rich.

ewdaisyrose.bsky.social•4 days ago

To use him to destroy the US Dollar. Also: TESCREAL fantasies. They hate democracy.

wayouts123.bsky.social•4 days ago

Tescreal??

hankusmc.bsky.social•4 days ago

I'm sorry, I'm just not familiar with Tescreal. What is that?

wayouts123.bsky.social•4 days ago

I’m asking too

hankusmc.bsky.social•4 days ago

Oof, my bust!

shafawn.bsky.social•4 days ago

Well, for one thing, they were ridiculously overvalued to begin with. Not surprising. The AI frenzy was a main culprit. A tulip bubble, for sure. Also, these oligarchs have boatloads and boatloads of cash and it has to go somewhere. The market sux it up like ocean does CO2.

lumahai-lizard.bsky.social•4 days ago

Oligarchs don't invest in the stock market. They can make much more money by getting free access to public lands and resources, exclusive government contracts, and state-assisted elimination of competitors. Why get a 10% annual return when you can get 200%?

kiscokid.bsky.social•4 days ago

I’ve come realize that everything in America is a scam. And this is coming from a guy who has worked on Wall Street for over 45 years.