myrmepropagandistIf there were a democrat in the white house the stock market would be tanking right now at the news of supply chain chokepoints in oil. But, under Trump the market has reacted much less. It's easy to make the mistake of thinking of the market as a force of nature but it's really just the aggregated decisions of a few thousand wealthy people and institutions.
Inky says "What the hell?!"@futurebird Two things from Kai Ryssdal of APMs Marketplace come to mind:
1. As he said last Thursday about this lack of market response to these disruptions and the war: "The market is an idiot".
2. More regularly, "The Stock Market is NOT the Economy." It is part of the Economy but doesn't represent most of our day to day economic interactions.
Just a pre coffee thought.