$78,000,000,000

[Jolly]

https://www.msn.com/en-us/money/markets/powell-s-8-minute-speech-erases-78-billion-from-richest-americans/ar-AA11952V?ocid=msedgntp&cvid=acb2d738bedac71ac58a5ff0eb94ada0

[89th]

I suspect we’ll stay in a bit of a bear market for the next 10-20 months. Glad articles like this aren’t written when a Fed speech gives the richest Americans $100B

[Horace]

How much of that is pension and retirement funds? It’s not honest to frame the stock market as rich people money.

[89th]

@Horace said in $78,000,000,000:

How much of that is pension and retirement funds? It’s not honest to frame the stock market as rich people money.

Yup. My first thought was…as their yachts rise and fall with the tide, so do our canoes.

[Horace]

@89th said in $78,000,000,000:

@Horace said in $78,000,000,000:

How much of that is pension and retirement funds? It’s not honest to frame the stock market as rich people money.

Yup. My first thought was…as their yachts rise and fall with the tide, so do our canoes.

Yep exactly was I was thinking. As our yachts rise and fall, so do your canoes.

[89th]

Meanwhile @jon-nyc is circling in his chopper

[George K]

@89th said in $78,000,000,000:

Meanwhile @jon-nyc is circling in his black chopper

FIFY

[Copper]

Someone has to pay for Mr. Biden.

I'm sure we are all proud to serve.