In the last few days there has been spectacular action in financial markets rippling across the entire world: bouncing between the US, Japan & emerging markets.
I know this will sound naive, but the ups and downs in the stock market don't seem to have a lot to do with the overall health and productivity of the economy? Seems like a lot of it is driven by people betting with money, in a way that's not connected to any actual productive investment.
This is exactly the analysis I was looking for on everything that happened today. Thank you Adam!
I know this will sound naive, but the ups and downs in the stock market don't seem to have a lot to do with the overall health and productivity of the economy? Seems like a lot of it is driven by people betting with money, in a way that's not connected to any actual productive investment.
I appreciate your moment to moment coverage of this event, Adam. Keep it up!
let's see if i start commenting on posts from the line go up/down/sideways bubble the substack will let me out of the woofluencer bubble
How come there is no question of AI driving this, or Trump backers using AI to find a moment to give Trump a talking point?
Excellent details.
Question: what role do you see tech stocks playing here - specifically, concerns about an AI bust?
New energy and artificial intelligence will definitely have a place in the future
Yeah, good thing the Democrats didn't choose that Biden fella for their candidate! Poor old guy, I hope he enjoys his retirement.
I for one wish they hadn't chosen him in 2020, but better late than never, I suppose ...
Fortunately, now he's retired
Unluckily, the economy sucks