Don’t worry, tariffs will crash the stock, leaving thousands of human people destitute and several billionaires disgruntled.
Those poor, slightly annoyed billionaires.
Oh boo guess they’ll just have to buy up all the land for extra cheap
It’s not so much bubble behaviour as it is widescale fraud across the stock market.
Those aren’t mutually exclusive terms
For sure, the happenings now are due to Chinese influence and not organic, but still.
I think the issue is less about who is manipulating it - basically everyone is - and more about the lack of regulation and control to prevent, stop, or even punish those manipulating the stock market negatively, be it for greater profits or political.
Market cap isn’t real money, it is investor fee-fees.
So what you’re saying is I need to buy Nvidia stock now
Buy high, sell low. The wallstreetbets way.
And investing the 500k you got from your grandpa’s inheritance
It’s so tempting to short it, but the moment I do God will look down and personally ensure the stock sees record highs until I see a lethal amount of debt
Markets can remain irrational longer than you can remain solvent
Wish I knew where I heard that one
This isn’t a very good comparison.
Different companies in different eras with different market situations but you can really put any stock which bubbled up there and draw the same conclusions.
The reason they chose CISCO 2000 is because it had such a large marketcap compared to percentage of GDP.
Why not? A hardware company that was a huge part of the country’s GDP, and essential to the companies at the center of the bubble?
This kids, is why we don’t compare networth to income.
Hah! Aaahahah!
Calm down Slim Pickins.
Savouring the anticipative Schadenfreude of that inevitable pop and the disarray which will follow is one of the few things which keep me going. And it won’t make me happy in the slightest when the waves’ll hit pretty much everyone around.
But I’d be lying if I said I won’t take immense satisfaction in the fall of every one of these monoliths. And I still hold the belief that humanity won’t just keep on hammering itself in the face like this over and over again. Maybe when this one falls… y’know? Or maybe the next one if not this one. Narrowing horizon of action, but it isn’t closed yet.
Edit: crap, sorry about the dump. Going through it, it seems.
