• A_norny_mousse@piefed.zip
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    1 day ago

    Funnily, the article author is called Al.

    Seriously:

    The ECB’s warning isn’t aimed at Wall Street traders — it’s aimed at anyone whose pension or index fund quietly loaded up on AI stocks.

    Didn’t know this was a thing in Europe, too.

    • huppakee@lemmy.world
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      1 day ago

      The pension system is different, in general in the us you have your own fund and in Europe you pay to an institute like you do with insurance. Some pension funds are ginormous and manage the pensions of millions of people.