It means the market goes in cycles. People expecting the the stock to go up forever will get hurt.
Example: the Nikki in Japan peaked 1989. It's still hasn't broken even yet. China too.
The DOW & NASDAQ are absurdly overpriced. A crash will come.
ArmchairEconomist /
npub1h2…vapl0
2024-07-16 06:25:37
in reply to nevent1q…kyll
Author Public Key
npub1h2yvt7q2xvzwj7r2mdklte5km80ps4euf02la4a8yyrcfsgygerqcvapl0Published at
2024-07-16 06:25:37Event JSON
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