miss_demeanour@lemmy.dbzer0.com to Political Memes@lemmy.worldEnglish · 3 months agoYo! What's Goin' Down?lemmy.dbzer0.comimagemessage-square72linkfedilinkarrow-up1602arrow-down14file-text
arrow-up1598arrow-down1imageYo! What's Goin' Down?lemmy.dbzer0.commiss_demeanour@lemmy.dbzer0.com to Political Memes@lemmy.worldEnglish · 3 months agomessage-square72linkfedilinkfile-text
minus-squaremmddmm@lemm.eelinkfedilinkarrow-up3·3 months 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-squareVoroxpete@sh.itjust.workslinkfedilinkarrow-up5·3 months 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.
minus-squarebrucethemoose@lemmy.worldlinkfedilinkarrow-up3·3 months agoIt’s more an implicit acknowledgment that it’s all a game. Kind of like crypto, roulette, or poker.
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.
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.
It’s more an implicit acknowledgment that it’s all a game. Kind of like crypto, roulette, or poker.