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by no-name-here 5 days ago
Your grandparent comment:

> Take any stock index, remove AI stocks, what do you see? That's right! Nothing...

Parent comment:

> Now remove the companies selling the AI shovels: https://pbs.twimg....

From your linked image, "excluding AI stocks" is "+16%" (the figure with AI stocks is far higher).

Your sole source says +16% excluding AI - in what kind of market is +16% “nothing”?
1 comments
toasty228 5 days ago
> in what kind of market is +16% “nothing”?

It's nothing because it happens all the time, it's not statically relevant, like not at all: https://www.macrotrends.net/2526/sp-500-historical-annual-re...

This forum is full of techies with very strong opinions about their toys but 0 economical, political or historical education, and it shows

link
no-name-here 5 days ago
Those kind of returns would generally be considered at least ‘good’ even if they weren't excluding some of the best performing stocks such as AI as was done here. Some periods truly have no returns or even negative returns, even without excluding some of the best performing stocks like was done here.

And even more so since inflation was 2-3%, not considered high, during most of that period.

link