Why do bears say we need a crash? I don’t understand their logic
>>61030550Bears on this board are mostly bots
>>61030550tesla has a pe ratio of 261ai produces no valueleverage is dangerously high
>>61030555Mumus in denialEndless growth is not sustainable, and only kicks the can down the road. The sooner the crash, the less painful it will be.
People still think the stock market is related to the economy despite modern economics being about keeping the line up at all costs. They will bring back the Great Depression so long as the stock market reaches an ATH
>>61030550Because, Anon. There is two sides to every transaction.
>>61030550Because when earnings can't justify valuations then the only thing propping the market up is hype and momentum, and when it ceases to break all time highs for whatever reason, it's not going to flatline, it's going to dump because nobody wants to be in risky assets if there's no upside any time soon.
>>61030550Because as a universal law, reality always catches up eventually.
>>61031771Correct>>61030550There's nothing fundamental driving the markets, just low interest rates and the promise of even more Fed intervention if shit does crash. Either the market or the US dollar breaks