Global Echoes of the Nasdaq: How a Sneezing Index Gives the World a Cold
The Nasdaq—an acronym that once sounded like a sneeze but now evokes the same Pavlovian salivation in boardrooms from São Paulo to Singapore—has become the de facto mood ring of late-stage capitalism. When its composite index sneezes, central bankers in Frankfurt reach for the tissues, and TikTok day-traders in Lagos mutter prayers to whatever algorithmic…
