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That just means the market is illogical though, does not mean a crash must mean all of sudden all investors are logical? As quoted by the famous Keynes, “The ma
by syntaxing 4y ago
That just means the market is illogical though, does not mean a crash must mean all of sudden all investors are logical? As quoted by the famous Keynes, “The market can remain irrational longer than you can remain solvent.” It’s like meme stocks like AMC/APE and GME. Does any of it make sense to me? Nope. Are people making and losing a ton of money? Sure. Is it a good indication of US economy health or dare I say, US stock market health? Really hard to say.
- phpthrowaway99 4y agoI guess I would say that a crash is when the market shifts to being illogical towards the negative side, where even seemingly good companies are struggling. I wouldn't call it a crash if there is positive irrationality.
- enos_feedler 4y agoNobody will want to even mention metaverse if there is a crash
- suoduandao2 4y agoWell I'll go on record predicting the opposite. Meta is an advertising behemoth and has taken a very big bet on metaverse, they can ensure unlimited good press for their baby, especially if their real customers aren't buying as many ads as before. I can see it now: "Life sucks because of the crash? Move to the Metaverse!"
- enos_feedler 4y agoYou are a terrible predictor of futures