I have no idea how while Trump is a) ripping out the underpinnings of constitutional law which, in turn, is all that holds up all other laws (including transactional) in the US AND b) ripping apart the post war Western defense alliance leaving Europe and Australia completely exposed and vulnerable AND c) going to impose global reciprocal tariffs, which are going to kill trade and plunge the country and the world into the greatest economic depression (coincidentally) since the 1930’s, how the market isn’t down 75% - 90% by this point. Hopes & Dreams? Hallucinogens? Heroin?
What power on earth is allowing Hedge Funds, Banks and Small Investors the justification to keep betting on an underlying business system which is literally being pulled apart at the seams with no real hope of being functional shortly. How is this happening. It’s like I’m taking crazy pills every day. The market should look at what Trump’s already done (much less what he still promises to do) and say, whoop that’s us, we’re audi, this is insane, we can’t trade our value as a corporation any longer, we don’t know where supplies, labor, administration, distribution, sales, or any law governing any of it stands, we have to pull all our monies out, and put them someplace safe like our pockets.
What is happening to keep the market propped up, when literally everything, everywhere that it needs for stability in projected earnings is being hollowed out beneath it?
edit 2/20 : lol edit 2/21: lol
When you’re a hammer, everything is a nail. That’s all they know how to do, and they still have enough capital to keep doing it.
There are insane mistakes being made multiple times a day now. At some point, the high stakes game of Don’t Break the Ice will come to a sudden end. Putting the cubes back in the game board would require an expenditure of capital. Capitalists spend money to buy more money. The only time they spend money to avoid losing money is when they’ve lost money for a very specific reason multiple times, and maybe not even then.
The visual helped.
There is a economic name for it called a Minsky moment. While I think most of economics is a joke this is one of the only valuable things from the field of economics.