this post was submitted on 14 Mar 2025
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I hope this doesn’t sound too insane given that currently this is “good news” or at least good metrics for us: But I often worry about using the stock market as a metric for anyone notable.
For instance, I picture a future where a politican pushes hard for increases to minimum wage…and the stock market tanks because “free labor is ruined”. There are some bubbles where it really should tank and I just worry that we’d be excusing it then, and now now.
Granted: It is my belief that there’s no bubbles now and that Biden handed us a working system - one that Trump is throwing wrenches into. I just think after the GME fiasco, we shouldn’t necessarily trust the stock market as a perfect system run by level-headed people.
I suppose what I see here is a way of describing the result of what I think we all know the cause is. Yes it's a small glimpse of an incomplete picture, and shouldn't stand up to debate by itself - but it stands with the backdrop of all Trump's public aggression to friendly countries.