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by lazide 29 days ago
When market cap goes down because overall valuation does, what do you think is happening?

Valuation hasn’t been tied or related to earnings for top stocks in at least a decade.

It isn’t ’wealth redistribution’.

Removing half or more of market demand isn’t going to be pretty.

1 comments

Market cap and valuation are the same thing.
That’s what I said, yes.