Comment by himata4113
2 days ago
Less than a decade ago companies reaching 1 trillion was still every much "out there". Now we have an IPO at almost 1 trillion.
It's clear that the stock market cannot be considered normal anymore, held up on hopes at prayers at best.
Sure it can. The value of the dollar coincides with stock market valuations.
Exactly. A devalued dollar means higher number without adjustment
"UBS downgraded the US stock market" happened today for a reason and you're implying that the US dollar lost 1000% of it's value since less than a decade ago? 1/10th of what it is worth today?
Where did you get 1000%?
S&P500 is up 3.7x since 2016.
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Well, it's still VC market right now, and all the investors have vetted interest into the music not stopping.