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by rsync
253 days ago
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"If a global pandemic and a global trade war can't stop the market, seems like nothing will." What will stop the market is the sudden realization (among retirees and near-retirees) that all of this AI bubble talk is relevant to their interests because their equity index exposure is actually 1/3 mag7 exposure. They will, correctly, decide it is time to reduce equity exposure (possibly to zero, depending on age and situation). This is, potentially, a recipe for a very abrupt and disorderly rush for the exit. |
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