@Nathan@social.lostinok.comI have wondered this myself. Not sure I have enough evidence economics knowledge to accept any theory on it, but I have wondered about the effect of us with 401kâs making broad bets on the markets as a whole and not attempting to judge companies individually. #stocks
@pre@boing.worldSo everyone's wondering if there's a financial crisis coming from the popping of the dotcom bubble.
Here's a little chart of those events, projected as though repeated from last week's stock market top.
You'd be looking at 25 to 50 percent drop over a year or three, taking S&P index down to four to five thousand or so over 2026, since that's what they were.
I think it's at least 30% likely to play out roughly like that, and am positioned such that I'm happy either way.
#stocks #bubble #crappyTechnicalAnalysis
@lilmikesf@c.im#ArtificialIntelligence bubble just released gas$$$$$... as #WallStreet tech #stocks suffer worst week since April amidst $800 Billion AI sell-off today of many
