“A crowd thinks in images, and the image itself calls up a series of other images, having no logical connection with the first. A crowd scarcely distinguishes between the subjective and the objective. It accepts as real the images invoked in its mind, though they most often have only a very distant relation with the observed facts. Crowds being only capable of thinking in images are only to be impressed by images.” ―Gustave Le Bon, The Crowd
Image: The Burial of the Sardine by Francisco Goya
“A crowd thinks in images, and the image itself calls up a series of other images, having no logical connection with the first. A crowd scarcely distinguishes between the subjective and the objective. It accepts as real the images invoked in its mind, though they most often have only a very distant relation with the observed facts. Crowds being only capable of thinking in images are only to be impressed by images.” ―Gustave Le Bon, The Crowd
Image: The Burial of the Sardine by Francisco Goya
For tech stocks, “the main thing is yields,” Essaye said. After fleeing Russia, the brothers founded Telegram as a way to communicate outside the Kremlin's orbit. They now run it from Dubai, and Pavel Durov says it has more than 500 million monthly active users. Oleksandra Matviichuk, a Kyiv-based lawyer and head of the Center for Civil Liberties, called Durov’s position "very weak," and urged concrete improvements. Official government accounts have also spread fake fact checks. An official Twitter account for the Russia diplomatic mission in Geneva shared a fake debunking video claiming without evidence that "Western and Ukrainian media are creating thousands of fake news on Russia every day." The video, which has amassed almost 30,000 views, offered a "how-to" spot misinformation. And indeed, volatility has been a hallmark of the market environment so far in 2022, with the S&P 500 still down more than 10% for the year-to-date after first sliding into a correction last month. The CBOE Volatility Index, or VIX, has held at a lofty level of more than 30.
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