Post #3052814
2026-05-16 17:12 UTC
The stock market is a weird thing - prices seem to be tied to whether a company can make more this quarter than last quarter, and not tethered to whether a company makes a profit. I figure that they made record revenue and now need a strategy to make _even more profit_ next quarter, which they hope to achieve by reducing expenses via layoffs.
I don’t like it, but the economy is more tethered to speculation than reality.
Replies (5)
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@flandish@lemmy.world 2026-05-16 18:12
it’s not weird. it’s literally how capitalism works. it _feels weird_ because it actually feels fucking wrong and disgusting but we are propagandized into thinking this is ok.
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@anon_8675309@lemmy.world 2026-05-16 18:43
It’s a pyramid scheme. You participate long enough to be able to move your money to a more stable platform and live off the measly interest that provides.
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@tempest@lemmy.ca 2026-05-16 19:41
Line go up dog, just give in and roll around in the slop with the rest of us.
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@prole@lemmy.blahaj.zone 2026-05-17 13:32
One of the biggest (official) recession indicators, is whether or not the public thinks we're in a recession.
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@IWW4@lemmy.zip 2026-05-16 20:08
../shrug Stock prices are tied to what they did last quarter….