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I mean negative moves tend to be more volatile than positive ones, but yeah I don't think "capitalizing on tragedy" is the right way to frame it. Financial cond
by caddemon 2y ago
I mean negative moves tend to be more volatile than positive ones, but yeah I don't think "capitalizing on tragedy" is the right way to frame it. Financial conditions during bad news events would turn out worse if there weren't these market makers providing liquidity. Some pharma companies profited from COVID but it was because of valuable services provided. If they didn't "capitalize on the tragedy" we'd have a bigger problem lol.