this post was submitted on 06 Jun 2026
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[–] Lojcs@piefed.social 7 points 1 day ago (3 children)
[–] ltxrtquq@lemmy.ml 26 points 1 day ago (1 children)

We launched attacks on Iran to distract from the Epstein files, leading to the closure of the strait of Hormuz and dwindling oil reserves around the world. It was only like 3 months ago, I'm surprised you didn't hear about this

[–] Lojcs@piefed.social 7 points 1 day ago* (last edited 1 day ago)

Of course I heard. Last I checked war and oil shortages weren't good for the economy

[–] Womble@piefed.world 1 points 1 day ago (1 children)

US Tariffs on everything, feels like a lifetime ago already doesn't it?

[–] Lojcs@piefed.social 2 points 1 day ago (1 children)

Wasn't that 25? And again bad for economics.

[–] Womble@piefed.world 3 points 1 day ago* (last edited 1 day ago)

Yep, me being dumb! I thought you were talking about the dip before.

[–] StillAlive@piefed.world 3 points 1 day ago

What you're looking at returns on US stocks in Indian Rupees. So the sharp rise is US stocks going high + Indian Rupee deprecating against USD so earlier investments providing higher returns.

Motilal Oswal is a fund house:

https://www.motilaloswalmf.com/mutual-funds/motilal-oswal-nasdaq-100-fund-of-fund