we're actually in a bubble, like unironically..
Very good chartI’m not surprised the “real/inflation adjusted” marketcap was at its highest in the mid-late nineties as that was probably the most optimistic time in the history of the United States. Everyone thought things were good and that they could only get better. Literally “the end of history” stuffWhat’s surprising is that we are approaching the same situation now according to this chart but the world feels the polar opposite in terms of optimism
>>61318375is there an objective way to tell the optimism of the world?
looks like we still have a long way to go before it pops
>>61318375>INVEST IN THE MARKET>MAKE A LITTLE MONEYOH BOY, THE END OF THE YEAR IS THE MOST OPTIMISTIC TIME TO MAKE MONEY>LOSE 3000 DOLLARSAlmost like the system is stacked so you never make money.
>>61318375Yea it’s very strange and a pop here seems like we undoubtedly get civil unrest
>>61318375The sentiment right now is desperation
>>61318360Isn't the fed also planning on cutting rates in December to encourage investing amidst the loss of jobs? Sounds like we're heading towards stagflation.
>>61318493This actually made things click for meThe huge market increases in the 90s were based on unchecked optimism The ATHs we’re seeing at the moment seem to be desperately cobbled together by money printing and jeet importation
>>61318360M2 Money is just the sum of deposits in banks, T-bills, govt debt, discounted corporate short term bonds etc.So all this graph is saying is people think Nvidia and AI will do a lot better than govt debt which is the biggest component.
>>61318499It's currently rated as roughly a 50% chance that the fed cuts rates in December because no unemployment data from October but the November numbers will be out before then and if they're bad they will cut rates
>>61318539why so low? october was a shitshow and i'm now seeing articles on rising foreclosures.
>>61318547Because people are interpreting Powell's comments from November where he said rate cuts in December aren't a forgone conclusion and the decision will be data dependent as "hawkish" even though he makes the same remarks after every cut in short people are retarded
>>61318506Here's some scary thoughts:P:E ratio is supposed to measure what investors are paying today for possible future earnings.In 2007, the Apple Iphone before it was released. Apple was trading at 35 P:E ratio.Now, given the insane world-changing success of the iphone triggering smartphone revolution and now everywhere I go people are basically zombies staring at this device that Apple pioneered... we can take all the earnings Apple made from 2007 -> now... and work backwards to get what their P:E ratio SHOULD have been given a fair value.It's 48.. It was 35.Tesla's is 300. ie; Tesla is priced as if it has near 100% chance of delivering 6x the amount of earnings as the Iphone did for Apple.This level of optimism is mind blowing for a company that cannot deliver self-driving cars for a decade now.
>>61318590Palantir is almost at 600 P/E the current tech sector is doing the same vendor financing that was used during the dotcom bubble whereby companies like CISCO(Nvidia) where you invest(give money) to other companies to buy their product then you have companies like CoreWeave taking out loans vastly overstating the lifespan of their GPUs(5 years when in reality its 1 or 2 max) that they will be using in their data centre
>>61318622Actually just double checked CoreWeave says their GPUs depreciate after 6 years AHAHAHAHA
>>61318539This admin will never release the job numbers again kek
>>61318633>I replace my gpu more often than the data centres propping up the economy >and I only use my machine to play autistic spreadsheet games that aren’t even rig intensive and shitpost Everything is actually so fucked and the boomers ploughing millions into these stocks don’t even know what a fucking gpu is
>>61318360won't pop till next shmita year
Hearin a lotta panican and not a lotta buyin the dip again. Things haven't even begun to begin getting started you dont even know, do you?
>>61318894You have schizophrenia. I see you with a new insane image every month spamming everything pretending you're unveiling the truth behind the financial mayhem of the moment. But you're not, you're just schizo. You should seek help and get meds. You're not well. I know you will ignore this but I hope you take it to heart and get help. Also, God loves you, even if you don't believe in him.
>>61318459Uptober was a lie
>>61318461non-US companies seem to have completely popped thoughbeit
>>61319021Unironically I should have known the top is in when I heard joggers talking about investing 10 dollars in XRP because it was going to 4 dollars eoy and that september was the best time to invest. And invested all my money into ZEC.
>>61318973Have you thought that maybe he's a mischievous schizo that knows the secret esoteric knowledge, but makes nonsense images anyway for the lulz?
stfu bear nigger
>wants rate cuts>refuses to release jobs dataThe duality of grifters