cross-posted from: https://lemmy.ca/post/73158617
Burn baby burn!!!
“Many in the market feel we have no choice but for it to work out,”
Yes this is what it everyone feels like when they are in denial…
cross-posted from: https://lemmy.ca/post/73158617
Burn baby burn!!!
“Many in the market feel we have no choice but for it to work out,”
Yes this is what it everyone feels like when they are in denial…
I’m not really seeing a bloodbath, S&P 500 still up more than 10% YTD.
If that is a bloodbath then what term are they going to use for an actual crash?
As the ponzi scheme gets larger, it becomes more sensitive to small changes.
The AI sector has suffered losses to the tune of 20-59% over the last month or so.
Yes some of them are still up YTD (some are even down YTD), but at the same time, the situation in 1929 was similarly less bad looking if you started from January of that year, but the graphs showing how bad it was in practice always start in September.
Sensational clickbait slop.