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by prklmn
2614 days ago
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The S&P 500 by itself is valued at almost $24T (https://ycharts.com/indicators/sandp_500_market_cap). A couple large companies going public and raising several billion dollars will not make the market crash. All of them listing at once is a symptom of where we are in the economic cycle, and where these companies are in their individual growth curves. |
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