/biz/ - Business & Finance

>>57503170
Except you are here right now.

>>57503291
Retarded bobo cope. Stay on the sidelines.

>>57503352
you are a stupid dumb guy nobody cares about your lame ass crypto investments lmao you're probably a broke loser who has nothing better to do except watch porn and masturbate to cartoons all day

>>57503378
wow bro you are so right you're a total genius it's true i am a pathetic cuck i'm a loser and yes you are completely correct i am a poor retard who watches cartoons and wanks to porno all day it makes perfect sense

the problem is most of the current earnings boom is cloud earnings, and alot of that comes from the marketing of the rest of the economy, and the rest of the economy is failing.

but the entire stock market is being propped up by the few big tech stocks having PE ratio booms.

if there is a chink in the armor it will create a chain event where people have to sell off stock because of a leverage bust. and that inflated PE will get crushed as the entire market realizes its propping itself up and the general economy is weak.

the only reason unemployment is low is because people are desperate to pay their bills, while simueltaneously having maxed out credit cards and all time high "buy now pay later" use.

people are wrking max hours, max debt. and the only thing growing is the cloud/a.i. that doesnt produce any jobs.

so its just a giant bubble. and they are attempting to prop it up by creating more government jobs. but that will cause more inlfation since nothing is being produced. so they will just make it worse by trying to spend their way out of it, as interest rates raise even higher the more they spend.

there is no room for growth

>>57503785
a.i./cloud techs SHOULD make things more efficient. but the problem is the techs are owned by a very few people. so in reality people will just lose jobs over the next 5 years.

all these sompanies that arent the 10 big tech companies, are just inches from laying off 10% of their staff. but it has to accelerate at a certain pace. you will see layoffs pick up here in about 4 months.

>>57503170
i dont get it how is this chart inflation adjusted?
its just shows the nasdaq price?

The rise since 2010 is from quantitative easing and the rise since covid is from wash trading.

>>57503291
why would the time frame be stretched?