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submitted 1 year ago by yogthos@lemmy.ml to c/us_news@lemmygrad.ml
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[-] Ronin_5@lemmygrad.ml 15 points 1 year ago* (last edited 1 year ago)

Usually when mainstream media puts out articles like this, it’s to get retail investors to sell so that institutions can buy more.

If there was actually a risk, you’d get zero news and the market would just suddenly crash

[-] luchuan@lemmygrad.ml 5 points 1 year ago

I don't disagree but like how do institutional investors who hold the supermajority of stocks meaningfully buy more off of retail investors who comparatively have nothing.

[-] Ronin_5@lemmygrad.ml 5 points 1 year ago

Retail investors hold 34% of all shares. Though they are mostly held by >10% of the wealthiest.

So I guess it wouldn’t really affect the working class.

https://www.nasdaq.com/articles/who-counts-as-a-retail-investor-2020-12-17

[-] luchuan@lemmygrad.ml 2 points 1 year ago

Oh so they are attempting to make petty bourgeois the bag holders. That makes sense!

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this post was submitted on 28 Sep 2023
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