I believe the perception shared by this community may determine the bottom of the dip since most of you belong to 1%.
None of the above should be an option.
Option) Wtf - ✔️
Dude think 2008 but slightly less shitty
You hope
Looks a bit like dotcom bust. Tech stocks have pretty high PE but yeah AMZN at 296?
Their revenue is growing at almost 40% yoy, and they made $2 billion of profit last quarter; PE is one of the most useless metrics, especially for tech stocks.
That's pretty much what everyone was saying before the dotcom bust... Not sure why tech stocks should be treated differently to any other industry.
I’m not sure whats worse: a self aggrandizing pollster or dummies who took the poll or the jerk who’s pointing this crap out.
😂
Blind in a nutshell.
Most of us belong to the 1%? Seems unlikely. Economy is quite strong so I expect the only thing that could cause the market to plunge too much further is a sharp spike in wage growth which will spook the Fed into raising interest rates dramatically over a short period of time. I think most likely outcome is the market trades in a range for the next few months until we see how this plays out.
“Most of us belong to the 1%” is of course pure fantasy. OP is on a fantasy kick. FYI, you need $10.3m networth to be 1%
Are we talking US or across the world?
Buckle up. We’re about to hit one hell of a ride.