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Interesting thought experiment: Would it be considered market manipulation to order and pay for 1000 pizzas to be delivered to the Pentagon while holding crude
by Jimmc414 1y ago
Interesting thought experiment: Would it be considered market manipulation to order and pay for 1000 pizzas to be delivered to the Pentagon while holding crude oil futures expiring the next day?
- bawolff 1y agoMaybe if this was the 70s. In modern times the oil market isn't quite as twitchy, and you can't tell just from the pizza index which country is about to be blowed up
- jojobas 1y agoOil futures swing by 15% in a day easily. Not knowing which country only adds to the uncertainty.
- bawolff 1y agoI mean, you dont know if the country about to be blown up is an oil exporter.
- hashed01 1y agoNah… you know
- bawolff 1y agoThat's kind of silly as one if the next major expected conflicts is taiwan.
- maxbond 1y agoI think the US bombing China would have a big impact on the oil market. I think the better argument is that the pizza index doesn't matter because a.) people in the Pentagon might order pizza for all sorts of reasons, they might be behind on paperwork or monitoring a conflict they're not participating in and b.) the Pentagon is in the middle of a metropolitan area, there's no reason to attribute a spike in pizza sales near the Pentagon to the Pentagon. The headquarters for the DEA and Boeing are both down the street; do they never have to work late?
- anon191928 1y agooil went negative few years ago, lol