Burn baby burn!!!
“Many in the market feel we have no choice but for it to work out,”
Yes this is what it everyone feels like when they are in denial…
Burn baby burn!!!
“Many in the market feel we have no choice but for it to work out,”
Yes this is what it everyone feels like when they are in denial…
2.6% of the entire NASDAQ? Yes these are huge shifts in value.
Stocks go up: people laid off.
Stocks go down: more people laid off.
So someone who had some spare money and bought in to the NASDAQ for $1000 on Jan 1, 2026 now only has $1094.70 instead of the $1123.30 they had yesterday. Cry me a river.
Losing 2% of your body mass either doesn’t matter at all or it matters a lot, depending on where and why you lost it.
A general market trend is a concern. 2% of the NASDAQ tanking because it comes specifically from the 10% of it that is wrapped up in vaporware and is heavily leveraged is a crack in the foundations.
This probably isn’t the straw people want because they’re not concerned about the consequences. It is, however, an objectively huge market correction.