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> Even with a big year-end selloff, which I believe was mostly tax-driven Wondering what big year-end selloff he’s talking about, given the fact that the SP500
by IAmGraydon 5y ago
> Even with a big year-end selloff, which I believe was mostly tax-driven
Wondering what big year-end selloff he’s talking about, given the fact that the SP500 just made a new all time high only days ago.
- dundarious 5y agoPresumably Musk
- awsthro00945 5y agoFinancial markets are more than just the SP500. The sentence before that is talking about both stock markets and crypto markets. Crypto (BTC specifically, but also others) dropped ~30% in December.
- LordFast 5y agoAnd how much did crypto go up this year compared to S&P500?
- awsthro00945 5y agoThat's not the point. There was a selloff in December. How crypto fared compared to anything else at any time period is irrelevant.
- danielmarkbruce 5y agotech stocks (outside FAANG) are way off highs. Most down 30-50%.