I’m pretty sure anyone else benefiting from his antics are strictly consequential benefits he can take advantage of and have little bearing on whether or not he does it in the first place.
What is obscured in the strict ‘line up’ and ‘line down’ interpretations of the market is a tremendous amount of money churning through different hands. It invariably transfers to the wealthiest hands who are most capable of absorbing losses and taking risks. The vast body of wealth that is lost in high market volatility is… retirement and pension funds.
The Dow Jones could stay flat and billions of dollars could still be transferred into the hands of a dozen people.
I’m pretty sure anyone else benefiting from his antics are strictly consequential benefits he can take advantage of and have little bearing on whether or not he does it in the first place.
What is obscured in the strict ‘line up’ and ‘line down’ interpretations of the market is a tremendous amount of money churning through different hands. It invariably transfers to the wealthiest hands who are most capable of absorbing losses and taking risks. The vast body of wealth that is lost in high market volatility is… retirement and pension funds.
The Dow Jones could stay flat and billions of dollars could still be transferred into the hands of a dozen people.