4 ms·
What has been lost is confidence. High stock valuations boost the wealth effect. This has a real impact economic activity. It's not just NVIDIA, a lot of tech s
by zeroname 8y ago
What has been lost is confidence. High stock valuations boost the wealth effect. This has a real impact economic activity. It's not just NVIDIA, a lot of tech stocks have tanked and the market in general is close to turning into a bear.