Jul 13, 2020
1:56:01pm
1:56:01pm
Um...market cap of many tech companies is at ridiculous 2000 era levels.
The best explanations for the current market rise are 'Nowhere else to put $' and 'hidden inflation'.
These valuations are not sustainable - historically speaking. If they are we've created a "new market" and the last few times that's been said - it didn't end well.
These valuations are not sustainable - historically speaking. If they are we've created a "new market" and the last few times that's been said - it didn't end well.
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- Celeritas
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- Jul 16, 2003
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