miss_demeanour@lemmy.dbzer0.com to Political Memes@lemmy.worldEnglish · 1 day agoYo! What's Goin' Down?lemmy.dbzer0.comimagemessage-square62fedilinkarrow-up1474arrow-down12file-text
arrow-up1472arrow-down1imageYo! What's Goin' Down?lemmy.dbzer0.commiss_demeanour@lemmy.dbzer0.com to Political Memes@lemmy.worldEnglish · 1 day agomessage-square62fedilinkfile-text
minus-squaremmddmm@lemm.eelinkfedilinkarrow-up2·23 hours ago Hotter stocks trade a lot like crypto these days. Hum… That’s not a good sign. Instead, that’s a really strong indication that people believe those stocks have the same kind of fundamentals than crypto.
minus-squarebrucethemoose@lemmy.worldlinkfedilinkarrow-up2·19 hours agoIt’s more an implicit acknowledgment that it’s all a game. Kind of like crypto, roulette, or poker.
minus-squareVoroxpetelinkfedilinkarrow-up4·22 hours agoTech stocks are overvalued right now because they’re all inflated by AI hype. When that hype finally collapses the crash is going to be nasty.
Hum… That’s not a good sign.
Instead, that’s a really strong indication that people believe those stocks have the same kind of fundamentals than crypto.
It’s more an implicit acknowledgment that it’s all a game. Kind of like crypto, roulette, or poker.
Tech stocks are overvalued right now because they’re all inflated by AI hype. When that hype finally collapses the crash is going to be nasty.