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In reply to the discussion: longshot prediction: the AI bubble gets popped this month by the SpaceX IPO, so get out NOW [View all]Happy Hoosier
(9,695 posts)45. Yeah, lots of folks specualte about that kind of stuff...
Some folks are convinced that as the Boomers retire (And Gen Xers begin to retire) and start to draw draw down savings instead of investing, that this will actually cause selling pressures instead of buying pressures. That's not showing up in the data, though. Interestingly, millenials and even Gen Zer's tend to invest at higher rates, but there are fewer of them. I have no idea what this looks like 30 years form now, should I live that long.
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longshot prediction: the AI bubble gets popped this month by the SpaceX IPO, so get out NOW [View all]
paulkienitz
Jun 4
OP
Something I think a lot of folks are missing are structural changes in the market.
Happy Hoosier
Jun 5
#43
Those backstops trying to hold up the market are going to have their work cut out for them.
paulkienitz
Jun 6
#53
9 years ago when I joined DU, people were saying that Bitcoin would burst and go to near zero
Polybius
Jun 5
#36
Bitcoin will either sputter on for decades, or go almost instantaneously to zero at any time -- it's not predictable.
paulkienitz
Jun 5
#37
In early Nov., NVIDIA was at $207. Late March it was $165. Mid May, $236. Now its $205
onenote
Thursday
#62
Lol imagine taking investment advive from a panicked, anonymous internet poster.
BannonsLiver
Jun 5
#41
I am hardly alone in pointing out how remarkably huge and smelly an elephant is currently in the room.
paulkienitz
Jun 5
#47
I have no intention of trying to call tops and bottoms. I just want to avoid big crashes.
paulkienitz
Jun 5
#46
When we see a big obvious catastrophe coming, it falls on all of us to join in the warning.
paulkienitz
Monday
#61