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by TechSquidTV 21 days ago
I very much disagree that it's coming. I think we need to completely reset our expectations of how the market works. There's been nearly an entire generation working in this "new" bull market, where things like EPS mean absolutely nothing and speculation no longer requires actual returns.
3 comments

>I think we need to completely reset our expectations of how the market works.

Is this not just "It's different this time" thinking? I remember it being used all the time during the dotcom boom

> There's been nearly an entire generation working in this "new" bull market

You mean 0DTE babies?

It’s unfortunate, but this exact sentiment precludes every market crash. Just before dotcom burst it was the same thing. Technology will change everything the nasdaq will continue to grow in the technology age, etc etc. eventually the chickens come home to roost as they say
It did though. Look at it now. The crash was incredibly short lived, and if you try to point it out on a graph of the last 30 years, you won't be able to find it.