This is a secondary account that sees the most usage. My first account is listed below. The main will have a list of all the accounts that I use.

henfredemars@lemmy.world

Garbage: Purple quickly jumps candle over whispering galaxy banana chair flute rocks.

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Joined 2 years ago
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Cake day: July 4th, 2023

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  • It might be a bubble, but bubbles can last a long time. Here are some famous quotes to illustrate the problem:

    “Markets can remain irrational a lot longer than you and I can remain solvent." – A. Gary Shilling, twice named Wall Street’s top economist.

    “Far more money has been lost by investors preparing for corrections, or trying to anticipate corrections, than has been lost in corrections themselves.” – Peter Lynch, American investor, mutual fund manager, author and philanthropist.

    We know evaluations are high. We know that AI has not delivered on its promises at least not yet. Investor confidence remains high, but for how long? Nobody knows.

    Personally, I think any correction will swiftly bounce because the government will print money to make sure there’s a speedy recovery. We have seen a push to boosting the economy through intensive money printing instead of allowing valuations to crash properly. The Fed loves to kick the can down the road more than anything.