this post was submitted on 28 Sep 2023
22 points (84.4% liked)

US News

2249 readers
43 users here now

News from within the empire - From a leftist perspective

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Ronin_5@lemmygrad.ml 15 points 2 years ago* (last edited 2 years ago) (3 children)

Usually when mainstream media puts out articles like this, it’s to get retail investors to sell so that institutions can buy more.

If there was actually a risk, you’d get zero news and the market would just suddenly crash

[–] luchuan@lemmygrad.ml 5 points 2 years ago (1 children)

I don't disagree but like how do institutional investors who hold the supermajority of stocks meaningfully buy more off of retail investors who comparatively have nothing.

[–] Ronin_5@lemmygrad.ml 5 points 2 years ago (1 children)

Retail investors hold 34% of all shares. Though they are mostly held by >10% of the wealthiest.

So I guess it wouldn’t really affect the working class.

https://www.nasdaq.com/articles/who-counts-as-a-retail-investor-2020-12-17

[–] luchuan@lemmygrad.ml 2 points 2 years ago

Oh so they are attempting to make petty bourgeois the bag holders. That makes sense!

load more comments (1 replies)