
The Market Gained (Then Lost) $4 TRILLION on a Fake Social Media Post!
Bulwark Takes
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The Market's Volatility Triggered by Social Media Panic
This chapter examines the turmoil caused by a viral social media post and its reverberating effects on the market, particularly through the lens of key financial figures. The emergence of the term 'the Panican party' encapsulates the blend of panic and political sentiment sparked by investor Bill Ackman's actions, ultimately reflecting on the volatile nature of financial trends driven by social media.
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