@MichaelKantro@profplum99 Then let’s quantify the actual increment, please. The chart and your comment are very misleading. I believe you’d find that the percentage of the equity market owned by the bottom 50% would not be “bigger than ever”
@HodlMagoo 100% agree on the gutting but wouldn’t hb1 visas be a drop in the bucket in terms of contributing? Also they don’t really take middle class jobs, right? It’s all IT and highly skilled jobs? The gutting of U.S. education makes us too dumb for those jobs anyway
@lition@RobertPBalan1 Then you’re saying that as price goes up they become less +delta so they need to buy stocks to balance out (ie unwinding their initial short hedge). Is that right?
@lition@RobertPBalan1 Yeah this is also what I was thinking. If you’re short puts and you long the underlying you’re basically doubling your exposure. I guess what he’s saying is that dealers are buying underlying to bring price back up and save the puts they sold.
@MichaelAArouet@SpecialSitsNews First, It’s not accurate to label folks that need help as “not wanting to work”. The vast majority of those people are hard working but are victims of the broken system. Second, taxes pay for the maintenance of safety and rule of law (badly, but necessary)
@dampedspring@LynAldenContact@TXMCtrades@fejau_inc That tracks with my imagination. Also it seems like it would only be “allowed” by the powers that be if they could maintain the power, in which case it’d be guaranteed to not deliver societal good. But maybe I’m overly cynical.