It depends how you look at it. As someone very wise once said - “In the short run, the market is a voting machine but in the long run, it is a weighing machine.

It depends how you look at it. As someone very wise once said - “In the short run, the market is a voting machine but in the long run, it is a weighing machine.” Short term movements are mostly bullshit and the press tend to amplify it, obviously. Like this morning - "carnage" etc. What ? NVidia is trading at 96 as of now. Market cap of 2.5 TRILLION $, for a company that made a profit of 29 Billion $ in some exceptional circumstances. Previous best year was ~10 Billion $. After this morning 'collapse' Nasdaq is still ~10% up YTD. UP, not down ! In the long term the markets mostly make sense actually. But somehow, we are more interested by the short term drama.