Replies to post #544480 on Tornado Alley (PROG)

[zab]

Larry Ellisons Oracle missed sales and earnings for his latest quarter. He stated that future AI earnings will grow. Just like that his stock appreciates. W8th that 101 overnight increase he buys Paramount to merge with Warner Brothers. 

[fuagf]

Obviously there is more money about than ever before so follows that more would be taking more from the
market. What is it, something like the top 1% take 90% of the new wealth the market creates. It's about that.

No not that much:

The richest 1% of people amassed almost two-thirds of new wealth created in the last two years, Oxfam says
Published Mon, Jan 16 20235:00 AM EST Updated Tue, Jan 17 20236:09 PM EST
Sophie Kiderlin
@in/sophie-kiderlin-b327b914a/
@SKiderlin
https://www.cnbc.com/2023/01/16/richest-1percent-amassed-almost-two-thirds-of-new-wealth-created-since-2020-oxfam.html

There is no probably about this of yours - "cheato probably wouldn't be making this much
money as quickly if it wasn't for his presidential position."

See:

‘I have never seen such open corruption’: Trump’s crypto deals and loosening of rules shock observers
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176666414

The Number - How much is Trump pocketing off the Presidency?
[... to end ...]
Estimated gain: $385 million
Running total: $3.4 billion
DINNER AND DESSERT
During the dinner, I stood outside the Trump National Golf Club in Sterling, Virginia, trying to glimpse some of the buyers hoping to whisper in the President’s ear. Dozens of protesters held banners reading “Stop Trump’s Crypto Corruption” and “America Is Not for Sale.” Senator Jeff Merkley, an Oregon Democrat who has introduced a bill that would bar senior officials from selling meme coins or stablecoins, addressed the crowd, calling the dinner “the Mt. Everest of corruption.”
To my surprise, most attendees weren’t shy about showing their faces.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=176642132