Tech bubble about to burst ?

Google
trin

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trin
Sep 1, 2020 117 Comments

The current insane valuation of almost every tech company feels like 2000 tech bubble.
The rally just cannot keep on going like this.

Post elections reality will be different.

#stockmarket

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  • What goes up has to come down. Not buying at these inflated levels. But what FED doing is nuts
    Sep 1, 2020 73
    • Fine, I'll do the hard work and get you the sources.

      Obamacare claims I made
      https://www.thebalance.com/obamacare-pros-and-cons-3306059

      I don't have time to look up the paper(not an opinion piece) on universal health care. Apart from that study, I do know doctors(my family members) in US, UK, India, Australia and Canada. Everyone has corroborated what the study mentioned. Did to make sure I get the community sense. Here's one piece though

      https://www.forbes.com/sites/robertpearl/2017/03/16/why-a-government-run-single-payer-healthcare-approach-is-doomed-to-fail/

      https://www.sciencedirect.com/science/article/pii/S0168851013001759

      Have you ever been(hope not) in an emergency? In UK healthcare system, ppl need to wait for 12 hours before a bone dislocation is treated(know someone personally who had first hand experience). Kidney stone operations are delayed for weeks. You think that's okay? Can go on and on.

      Trump is a Buffoon? Based on what? Your self crafted narrative? American unemployment was at an all time low, GDP at all time high, 2% inflation, rebound of manufacturing sector before covid. Two arab nations recognized Israel, you think that was lucky? Serbia-kosovo deal was lucky? Ensuring law is followed and criminals are prosecuted is sheer randomness? China Trade Deal was random? Passing criminal justice reform was just by chance? If you just deride a person, doesn't mean much. Pretty sure I can add more if I do more research. Is he a shitty orator? Yes. Being an orator is not really in presidential job description.

      AOC is an absolute piece of shit, all she does is virtue signal and try to force a politically correct narrative. She's regularly demonizing the ice officials and other government officials who're just enforcing laws created by the congress. She's virtue signalling businessmen as if they owe anything back to her. She's cancelling ppl for saying god bless the president and USA? She's already cost NY scores of jobs, even Cuomo despises her lol. She wants open borders? Then why are ppl like us on H1B actually working all this hard? Let me just fly to mexico city and cross the border illegally? She actually has 0 practical sense, sounds like a high school teenager arguing when she's in congress.

      Impeachment is always a political move. Dems tried it and failed. Game over, time to move on. If they want, they can prosecute him in court for treason. Instead, they're busy pushing victim mentality and vote bank politics as usual.

      Not saying Republicans are clean lol, but saying Democrats are better and taking moral high pedestal is laughable. What happened to Kamala Harris who was calling Biden a racist and said she believed the sexual assault victim's story a few months ago? What happened to Pelosi partying in Chinatown and going to salon? Both are bad, but one of them has a better set of policies
      Sep 15, 2020
    • circling back on this - @spUD22 do you think the QE will continue ? for example, in the wake of 2008, QE continued well into 2014. then it resumed in 2019.

      And is it safe to assume that the reason why Large cap has been doing extremely well is primarily because of QE, and that what is actually driving people to buy large cap is because the yield on treasuries (and other bonds) have been too low to justify the risk?

      Sorry, i have no knowledge of finance and i'd appreciate any advice on how you learned so much about macro economics!
      Nov 18, 2020
  • IBM / Eng
    yikyakker

    Go to company page IBM Eng

     yikyakker
    I think the bubble will burst but in terms of the election I think Trump will still win
    Sep 1, 2020 4
  • Amazon
    PIPisBAD

    Go to company page Amazon

    PIPisBAD
    People keep talking about tech bubble of 2000. You need to realize that the impact of tech on day to day life of average person was nothing on year 2000.
    Today, almost all the aspects of our life is connected and governed by tech.
    So all other bubbles may burst, but tech won't burst.
    Sep 1, 2020 1
  • Amazon
    PIPisBAD

    Go to company page Amazon

    PIPisBAD
    Money printer go brrrrrr...
    Sep 1, 2020 2
  • BYTON
    BYTOFF

    Go to company page BYTON

    BYTOFF
    Trump has no incentive to keep pumping up the stock market if he wins
    Sep 1, 2020 5