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Metaphorical

(2,665 posts)
2. Stock Market
Fri May 29, 2026, 05:13 PM
Friday

There are three IPOs in the wings - OpenAI, Anthropic, and SpaceX, and the great orange one has no doubt ordered that no stocks will be allowed to fall more than 0.1%/week until these three have debuted and/or the elections are held.

Remember, the exchanges have long since ceased to be fair or even an accurate gauge of the value of a company. It is a casino. Trump is an expert at running casinos. The house always wins in the end ...

... unless it's run by Trump.

A crash occurs when the divergence between the perceived and actual value of the market becomes too far apart. It doesn't occur because a specific event happens, it occurs because people no longer have faith in the market.



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