At 9.50pm AEDT yesterday, there was a sudden spike in trading on the oil and S&P 500 futures market.

6.50am New York time is an unusual time for a rush on trades on West Texas Intermediate May futures.

But it showed that all of a sudden, a substantial sum of money was bet on oil prices dropping and the stock market rising.

  • A_norny_mousse@piefed.zipEnglish
    12·
    1 day ago

    I have no idea how they can still believe that, given what happens there every single day.

    They don’t know. The sort of info they get either leaves out such things or twists them in a way that makes MAGA look good.

    And if something still gets through it can be dismissed as “probably fake, created by haters”.

    But all this is - well, I’d be too optimistic if I said “crumbling”, but it’s becoming so transparent here and there that even (some of) those propaganda-fed thought-resistant fools can see it.