JPM’s CEMBALEST: “Here’s the interesting thing about the stock market: it cannot be indicted, arrested or deported; it cannot be
intimidated, threatened or bullied; .. It’s the ultimate voting machine, reflecting prospects for earnings growth, stability, liquidity .. and predictable rule of law.”
intimidated, threatened or bullied; .. It’s the ultimate voting machine, reflecting prospects for earnings growth, stability, liquidity .. and predictable rule of law.”
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Moreso now than even 20 years ago.
Trump isn’t a king or a god. Impeach and remove this mad man.
The only things he understands are money and power.
a lot of the stock market are institutional buyers- managers of retirement accounts & pensions & such. they’re evil too but without us, they wouldn’t have $.
It may be the only thing that gives him pause.
They only invest in the US market because the US market is liquid with a lot more opportunities. But if it goes in the shitter why would they bother?
the rest of us are just trying to keep the lights on
Now that you've shown me yours...
https://go.bsky.app/6dCw92a
The Smoot-Hawley Tariff Act of 1930, which drastically raised tariffs on imported goods, triggered a collapse in international trade and provoked retaliatory measures from other nations, contributing strongly to the Great Depression of the 1930s.
Vote for a rapist to eff the world thinking they wouldn’t be effed.