When Will It Pop
The market has had an insane bull run since 2023, we literally threw a dart at the board and still hit each time. Yeah that's great, but in the long run its horrendous.
We've seen post like this, creating fear about our wars, elections, and fed rates. It doesn't really matter, each time the market has overreacted then corrected itself. It's been happening so much, it's causing high inflation on share prices.
The low of the year 2023, will not be retouched unless we literally bombed our markets or companies. AI/Tech companies are 100%-1000% higher then it was 3 years ago.
Micron, RKLB, PLTR, the list goes on and on. These companies stayed at their respected share price for years, then within a year rise 800%? I understand especially the last few years our technology companies have made huge innovations. But are they really large enough to stabilize a share price above 800%? I mean maybe I'm wrong, but I've heard a lot of talk about “true evaluations”. It's almost like we can price the share at whatever we want, since we are the leaders in ai and technology.
SPY is nearly up 100% from 2023, which is actually insane. Considering majority of the baby boomers still own the market, we just doubled their entire savings. The rich just got even richer, and it's pushing younger generations into a corner. We won't be able to afford stocks, homes, living expenses and more.
The market is high and theirs no doubt about it, we can keep pushing it higher. But at what point is this too high?