this post was submitted on 08 Jul 2026
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Political Memes

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[–] DickFiasco@sh.itjust.works 9 points 2 hours ago (1 children)

I like how the stock market jumps up or down every time the ceasefire status changes. Like, you guys are still reacting to this? Lol.

[–] decolo@piefed.social 2 points 2 hours ago (1 children)

This has to be due to whales pushing the market up or down, and retail investors trying to keep up, right?

[–] DickFiasco@sh.itjust.works 2 points 34 minutes ago

I'm not sure if it's driven more by retail or institutional investors, but either way it's caused a bunch of people who see "strait's closed" in the news and immediately dump their stock. Same thing happened with the tariffs; some people put away too much thought into whatever Trump says.

[–] thepig@lemmy.zip 6 points 3 hours ago