Post #2010769
2026-05-03 17:05 UTC
S&P 500 "relaxing the rules on profitability for large-cap stocks" is your sign to get out of the equities market before it tanks.
The finance-bros have a huge pile of liability that they would like retail investors to own.
Your 401K will be coerced into buying large but unprofitable companies so that the Epstein class can get their payday.
https://www.reuters.com/legal/government/sp-dow-jones-indices-considers-new-index-rules-mega-ipos-loom-2026-04-30/
Replies (1)
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@vor@lgbtqia.space 2026-05-03 19:30
@laprice@beige.party @MissGayle@urbanists.social Yup. I rolled my 401(k) into an IRA a few months ago because they made it easy. I expect the next effect will be dark patterns to make it more difficult for people to pull out.