Why isn’t the US stock market mega red?!?!?!
>>536249928They stopped falling for it.
Line goes up and everybody cries about it. The steak is too juicy, the beer too cold, chair too comfy.
When this guy stopped spamming I knew things were bad.
>>536251071TKD
>>536249928because boomers are still pretending we are solvent with the help of the bankrupt, counterfeiting (via IORB) NYFed lol
50% of stocks are owned by the 1%
Trump.
>>536251071You lost, iranny.
>>536249928It's below 200.It should be 200 by now.
>>536249928Lower supply means the stuff you own is more valuable, not less valuable.
Current gasoline prices in Japan are the same as last year, or slightly lower.Good job, Takaichi.
>>536255283Holy shit I need this war and blockade to last 199 days
>>536255283Nigga we have enough reserves to go on for like, 10 months without getting a single oil tanker from anywhere
Because the US is the best positioned of any western country to tell with oil crisis. Everyone else is feeling it worse than us, which benefits us.
>>536251438>You lost, iranny.
>>536249928Because the stock market is speculation based, and the people doing the speculation are the stock trading companies themselves, it essentially creates a massive buffer where unless there is mass civil unrest and a run on the banks, as long as wall street agrees to pretend that the economy hasn't collapsed it can keep on trucking like nothing has happened. Which it benefits them to do, because when the market collapses they are the ones that stand to lose everything. It inherently benefits them to lie and say that everything is still fine for as long as possible, and sell that lie to as many people as possible, to maintain their own wealth. Its like that kids on the playground that refuses to admit that they lost the game and just keeps repeating "no, I won. No, I won!" but in charge of our economy.
>>536249928Is the price of oil going up good or bad?? What would the ideal price look like?
>>536259121bad. the ideal price is back down into the 60s (which it was before Trump started this "war")
>>536259121>Is the price of oil going up good or bad?The answer to that question depends on 'for who?' If you are an oil exporting country, you can make a lot of money by selling oil for higher prices. But the high cost of oil makes everything more expensive for everyone, because our transportation network is foolishly tied to fossil fuels so the cost of moving goods and people gets more expensive and so does everything downstream from that.So the TLDR is that when oil gets more expensive, a small number of people who were already very rich get even richer, and everyone else gets fucked.
>>536249928the stock market is just rich people copium. everything else can burn so long as green line go up
>>536256758Ain't no way Trump chud's wife has cannons like that!
>>536260960they do can confirm
>>536251309Funny how 2008 and 2020 caught the rich off guard and those were some of the biggest QE injections. Society is a joke.
>>536249928Because you panicans said we'd have $200 a barrel if the Persian Straight was closed for a month and now we're starting month four so you've been proven wrong.
>>536249928If you debase your currency hard enough every line turns green except for the fiat value