• IronBird@lemmy.world
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      5 days ago

      most other western countries tend to do annual/bi-annual reports, these countries also tend to have like…an actual functial regulatory state that insures companies don’t have a dozen different ways to (legally) lie on their financial reports.

      the US market casino is set up specifically to make it exciting, to “increase liquidity”, this move is at odds with that…but with all the backroom deals and shit that already goes on, i don’t imagine this change will do anything but make it slightly harder for retail to make $

      imo, alot of recent moves by this administration have very clearly been done to stress the markets, they’re trying to cause a crash. dems just made it worse by trying to create a “soft landing”…there is no such thing as a soft landing with US financial markets…they boom and bust by design