JPMorgan Asset Management strategist Michael Cembalest had previously predicted that President Joe Biden would drop out from this year’s presidential race in his list of “top 10 possible surprises for 2024” published in the company’s Jan. 1 “Eye on the Market Outlook” report.

  • ℍ𝕂-𝟞𝟝@sopuli.xyz
    link
    fedilink
    English
    arrow-up
    12
    ·
    3 months ago

    Why are finance people 𝔱𝔥𝔢 𝔢𝔵𝔭𝔢𝔯𝔱𝔰 on everything from civil planning to military strategy?

    • ghostdoggtv@lemmy.world
      link
      fedilink
      arrow-up
      5
      arrow-down
      1
      ·
      3 months ago

      Capitalism is inherently authoritarian so the people with anything resembling financial information are treated oracles by people who only care about economic bottom lines. Profit prophets, as it were.