| Category: General
Are they just now figuring that out?
in other news, water was recently found to be wet…
… well, yeah…
(this is news?)
While most people already know that greed is driving the market, its weird seeing a major news outlet saying the quite part out loud.
Apparently it’s on a spectrum from fear to greed and they rate it every week. Last week the US economy was rated as neutral between fear and greed.
This isn’t an article about how the US economy runs on greed it’s a (imo) really funny scale
It’s almost like capitalism by its very nature is driven by greed. Who would have thought
Gordon Gekko has entered the thread.
in other news Water is Wet…
Greed is the very heart of American society.
Everyone is out for themselves and eager to make sure that those that follow can’t achieve what they’ve achieved.
It makes the news when people do nice things for each other without a direct benefit to themselves.
It makes the news when citizens have to take care of each other rather than see the government, which we pay for, do its job and tend to the common welfare of the people.
We preach goodwill and charity while actually worshiping the rich who are the greediest of us all.
So, literally, fuck American society and its mindless and endless greed for more money.
You need to read their definitions of these things for the whole picture. The average redditor is very incompetent, you see.
>What is the CNN Business Fear & Greed Index?
>The Fear & Greed Index is a way to gauge stock market movements and whether stocks are fairly priced. The theory is based on the logic that excessive fear tends to drive down share prices, and too much greed tends to have the opposite effect.
>How to use Fear & Greed Index?
>The Fear & Greed Index is used to gauge the mood of the market. Many investors are emotional and reactionary, and fear and greed sentiment indicators can alert investors to their own emotions and biases that can influence their decisions. When combined with fundamentals and other analytical tools, the Index can be a helpful way to assess market sentiment.
An explanation of the [Fear and Greed Index](https://www.investopedia.com/terms/f/fear-and-greed-index.asp).
You need a bunch of high dollar analysts to tell you that?
In other news, fire is kind of warm.
This is an index based on how oversold or overbought the market is based on perception… not a news piece