4 ms·
> On a macro level, a likely hypothesis for this trend is that there is nothing better to invest in than tech. I think folks are missing a bigger part of the m
by jpmattia 12y ago
> On a macro level, a likely hypothesis for this trend is that there is nothing better to invest in than tech.
I think folks are missing a bigger part of the macro picture: It is not just tech. Low interest rates and easy monetary policy have inflated many types of assets.
By way of example, this is currently headlining on Yahoo Finance: http://finance.yahoo.com/news/some-powerful-voices-add-to-fears-of-a-stock-market-bubble-153542781.html http://finance.yahoo.com/news/some-powerful-voices-add-to-fe...