These actions suggest that we may be standing at the precipice of the largest financial bubble in history, which they seem to believe is about to burst imminently.

https://breakingthenews.net/Article/Amazon%27s-Bezos-sells-dollar1.25B-worth-of-shares/63056547

https://www.wsj.com/finance/investing/does-warren-buffett-know-something-that-we-dont-48fabc9d

https://www.forexlive.com/stock-market-update/buffetts-berkshire-hathaway-hoarding-cash-in-a-pattern-seen-before-the-financial-crisis-20241112/

  • Lovely_sombrero [he/him]
    ·
    3 days ago

    Some companies that are doing well (like AMD) are firing employees. Looks like a lot of CEOs believe there will be an implosion. Too early to tell if there actually will be one.

    • fox [comrade/them]
      ·
      3 days ago

      The economy is all vibes anyways so if enough rich people decide it's time for a stock crash it'll happen

    • hexaflexagonbear [he/him]
      ·
      edit-2
      3 days ago

      I think there were similar signals around 3 years ago and 2 years ago when “a recession will happen in the next 6 months” was the mantra. Honestly don’t think it’s some secret knowledge about a coming collapse, they probably have some evidence of a recession and are acting accordingly. But also it’s unclear how reliable recession signals are because one has been imminent for multiple years now.

      Edit: my personal conspiracy is rich guys figured out that they can get articles published about a coming recession by doing this and consequently discipline labour because people are worried about layoffs.