☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 15 hours agoThe richest 20% are the only ones powering the U.S. economy, says top economist, but their prospects are entirely reliant on teetering stock pricesfortune.comexternal-linkmessage-square6fedilinkarrow-up137arrow-down10
arrow-up137arrow-down1external-linkThe richest 20% are the only ones powering the U.S. economy, says top economist, but their prospects are entirely reliant on teetering stock pricesfortune.com☆ Yσɠƚԋσʂ ☆@lemmy.mlM to United States | News & Politics@lemmy.mlEnglish · 15 hours agomessage-square6fedilink
minus-squareIronBird@lemmy.worldlinkfedilinkarrow-up1·edit-27 hours agonah, just takes time. japan carry trade and QE is what props the market up, carry trade is unwinding as BOJ raises rates. eventually QE will be pulled, that’s when all the speculative shit/overpriced blue chips drop like a rock. look at april of last year to see how far things go when the momentum algos turn off
nah, just takes time. japan carry trade and QE is what props the market up, carry trade is unwinding as BOJ raises rates.
eventually QE will be pulled, that’s when all the speculative shit/overpriced blue chips drop like a rock.
look at april of last year to see how far things go when the momentum algos turn off