2 ms·
> more like wash trading This is it. I can see TSLA and a lot of bitcoin vehicles have done it too. Combined with the extent of tech companies proportion of to
by pardon_me 11mo ago
> more like wash trading
This is it. I can see TSLA and a lot of bitcoin vehicles have done it too. Combined with the extent of tech companies proportion of total S&P500 market cap, along with expected energy price increases due to usage, will lead to a huge drop of worldwide confidence in US stocks once this bubble pops.
Governments who do not take enough action to stop this behavior inevitably lead to this. The US credit rating may be at risk entirely.