this post was submitted on 05 Mar 2025
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[–] hungprocess 35 points 6 days ago (2 children)

Maybe I've gone off the deep end of cynicism at this point but the fact that the shitrag The Daily Mail is reporting it this way just makes me think manufacturing a stock drop is the whole plan.

[–] rockSlayer@lemmy.blahaj.zone 13 points 6 days ago

Manufacturing a dip means that billionaires can buy a shit load of stock and then sell it off/use as loan collateral when the price returns

[–] twistypencil@lemmy.world 6 points 6 days ago

We have a winner!

[–] Darkassassin07@lemmy.ca 18 points 6 days ago

This was yesterday...

[–] Maeve@kbin.earth 15 points 6 days ago

Dump then pump.

[–] havocpants@lemm.ee 9 points 6 days ago

SPY dropped a bit yesterday, and it's up a bit today, it's hardly plummeting. What's dropping is the dollar, it's already worth 5 cents less against GBP in the last week.

[–] griff@lemmings.world 3 points 5 days ago

Starving oligarchs commence salivating

[–] hark@lemmy.world 0 points 5 days ago (2 children)
[–] Pacattack57@lemmy.world 4 points 5 days ago (1 children)

You are sorting by 1 year which is extremely disingenuous. Sort by 1 month and see the difference.

[–] hark@lemmy.world 0 points 5 days ago (1 children)

Okay:

Are you new to the stock market? A ~5% drop is nothing.

[–] Pacattack57@lemmy.world 6 points 5 days ago (1 children)

You must be independently wealthy and not care when you lose money. A 2% drop for an Index fund is massive. Let alone a 3.6% drop. This is indicative of the entire market. Not 1 company.

[–] hark@lemmy.world -4 points 5 days ago (1 children)

Do you think the market is supposed to only go up?

[–] LordKitsuna@lemmy.world 3 points 5 days ago

That is exactly how people think the market works. Only go up never down. And then they wonder why companies constantly Drive their products into the dirt trying to make as much money as possible

[–] PortoPeople@lemm.ee 2 points 5 days ago (1 children)

tanks.

GTFO, Russian troll. Vlad needs to find better people.

[–] hark@lemmy.world -3 points 5 days ago

A ~5% drop isn't the stunning drop that you think it is. Pointing this out doesn't make me a Russian troll. I'm speaking as someone who is extremely pessimistic and who wants the stock market to drop a lot more.