483 views
Tech is back at it again with the overhyped, overvalued plays. Negative revenue? Pshh that's ok they're going to stop burning cash in 10-20 years just hold! 1500 P/E ratio? It better be above 1000 or it's not hot enough to buy! If we crash, it'll be back in a few months, wont take 10 years right? Good luck, become a millionaire today!
Comment:
This sounds familiar: https://www.investopedia.com/terms/d/dot...
Comments
@aaronsmth5, I wouldn't be surprised if Powell went neg rates, and DXY went to 80. Anything can happen these days and no one will be making a fuss over the govt spending trillions on stocks and corporations because people don't understand what is going on or are too distracted/fighting each other about nonsense.
Reply
@x05, I'm not going to disagree, people will end up bankrupt and unemployed while a the government and banks essentially transfer wealth to themselves. I would not be surprised to see stimulus fail this week, the market have a circuit breaker, and then we get more stimulus shortly after
Reply