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Less than a decade ago companies reaching 1 trillion was still every much "out there". Now we have an IPO at almost 1 trillion. It's clear that the stock marke
by himata4113 8mo ago
Less than a decade ago companies reaching 1 trillion was still every much "out there". Now we have an IPO at almost 1 trillion.
It's clear that the stock market cannot be considered normal anymore, held up on hopes at prayers at best.
- epolanski 8mo agoWell, it's still VC market right now, and all the investors have vetted interest into the music not stopping.
- aurareturn 8mo agoSure it can. The value of the dollar coincides with stock market valuations.
- danny_codes 8mo agoExactly. A devalued dollar means higher number without adjustment
- himata4113 8mo ago"UBS downgraded the US stock market" happened today for a reason and you're implying that the US dollar lost 1000% of it's value since less than a decade ago? 1/10th of what it is worth today?
- aurareturn 8mo agoWhere did you get 1000%? S&P500 is up 3.7x since 2016.
- himata4113 8mo agomy bad, I meant the evaluation of any single company