It is tough to dominate or manipulate the S&P 500, which is what I like about it. It can be maddeningly illogical, but it does its own thing.
Mamdani has a net worth of about $200k. If you think that is a "vast wealth", you should work some more rather than posting here.
Despite his own privileged path to power, or perhaps because of it, the son of a Columbia University professor and a movie director campaigned as a socialist intent on redistributing New York’s wealth.
www.forbes.com
They are really into these over the top claims. To normal people it just makes them look like idiots.