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4min chapter
How Sensationalism Drives the Stock Market
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Markets as Entertainment
The fed uses financial conditions like the stock market. Beam stonks as a transmission mechanism for the impact of monetary policy. When stocks completely break from any fundamental value, it definitely requires some sort of gut check that usually ends with a question mark and tin part. People watch the movements of speakers like they would their favorite sports players. Financial data releases have become big events. All of this contributes to the idea of markets as entertainment.
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