News for hackers. Stuff that matters.
Re:Nasdaq Sinks 5% as Investors Retreat from AI Trade After ... by Kirby64 on Thursday November 05, 2026 @04:04PM (#50384444)
> Nominal inequality gets reset.

Why would it? The wealthy people who haven’t allocated their capital to those assets that are depressed from a recession can reallocate to the depressed assets and end up even wealthier on the rebound. People with no money at all don’t have that opportunity to invest.

Re:Nasdaq Sinks 5% as Investors Retreat from AI Trade After ... by smallmancontrov on Thursday November 05, 2026 @07:10PM (#50386429)
The stock market is $80T, cash is $20T. The former cannot "weather the storm" in the latter in aggregate, even though I'm sure there are individuals who successfully timed the market.

> At no point in the cycle is it better to be poor than rich, but the contractionary quadrant is the one where the gap shrinks.