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FWIW he seems to be losing this power. The last two weeks it feels like the market seems to be treating his emissions more like "whatever you say, old man" than
by cmrdporcupine 2y ago
FWIW he seems to be losing this power. The last two weeks it feels like the market seems to be treating his emissions more like "whatever you say, old man" than it was last month.
Now it's just about the concrete numbers and "wait and see." It all looks a lot higher right now than I imagine makes any sense, but you know what they say about the market and irrtionality...
- ceejayoz 2y agoSome of that is the market doing the "la la la la la can't hear you!" thing, though. Which won't make the problem go away.
- cmrdporcupine 2y agoI suspect it's more... routing around the manipulation. If you have people basically obviously doing deliberate dump&pump&dump&pump loops... that only happens a few times before -- on the aggregate -- it gets averaged out by people figuring out that's what is happening. There's plenty of people who are like myself... moved into cash just before Stupid Day, and then have been buying red, selling green every time He has a Nocturnal Idiot Emission / Repent cycle. I made a little bit of money, which is better than losing it... and now I'm just... waiting. There's likely millions of people like this.
- ceejayoz 2y agoSome of both. JPMorgan Chase's Jamie Dimon went from "get over it" to "oh fuck a recession" in a matter of weeks. https://www.cnn.com/2025/03/12/business/jamie-dimon-tariff-uncertainty/index.html https://www.cnn.com/2025/03/12/business/jamie-dimon-tariff-u...
- cmrdporcupine 2y agoOh yeah for sure, I think we'll shortly hit the "... And Find Out" phase where the Reality TV Show becomes very unpleasant Reality