• LifeInMultipleChoice@lemmy.worldEnglish
    16·
    7 days ago

    I’m not an expert but a lot of the U.S. has parts of their retirement (401ks) and such being auto invested into the stock market. So unless people actively go out of their way to remove their funds or change their investments to be going elsewhere (which many people don’t even know how to do) the amount of money in the market tomorrow should be more than today, so long as anyone is going to work.

    • sobchak@programming.devEnglish
      2·
      5 days ago

      I’m still not sure if it’s Trump “chickening” out, or being “bribed” out, or just doing market manipulation, or just being demented. Probably a mix of all of those.

  • melsaskca@lemmy.caEnglish
    42·
    7 days ago

    The stock market is very old and easy to manipulate. It has to go, but what would be a solution?

    • reddig33@lemmy.worldEnglish
      61·
      6 days ago

      It just needs some adjustments to make it less like a casino and more like you own part of a business:

      • Profitable companies must pay at least a mandated percentage of that profit in dividends to stockholders each quarter.
      • No more day trading. If you buy a stock you cannot sell it for a year.
      • Stockholder votes are binding. None of this “we’ll take it under advisement” nonsense.
      • Zorque@lemmy.worldEnglish
        6·
        6 days ago

        Ah yes, what we need to do is give more power to investors whose sole motivation is “line must go up”.

        The disconnect between service and profit is the problem, not lack of control.