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Equities are coming back to reality while the underpinnings of businesses are being hit by inflation. The equity coming back down is a function of the inflatio
by boringg 4y ago
Equities are coming back to reality while the underpinnings of businesses are being hit by inflation. The equity coming back down is a function of the inflation. VCs aren't investing because the returns on the companies look particularly poor in the current macro and in a macro that has interest rates as opposed to free money.
- rcme 4y agoI think we're saying the same thing with different words. I'm saying that tech equity is deflationary. You're saying the price of tech equity is going down. Those are equivalent statements. The reasoning isn't that relevant. What is "macro economic outlook" other than an expectation about the future price?