Key insights
- The author expresses confusion and skepticism about the current market, questioning the high valuations of AI companies without clear financials, the market's resilience amidst rising oil prices, geopolitical tensions, and US debt concerns. They suggest potential government intervention or billionaire collusion to inflate a bubble, contrasting it with consumer struggles. This sentiment indicates a potential bearish outlook if these concerns materialize, suggesting a risk of market correction.
Hi All, I don’t understand what is happening in this market. Can somebody share their thesis if there’s any logic here or it’s all fraudulent?
How can people invest such big in AI without knowing the use case for so many data centers cost of tokens, return on investment, etc.?
I’m also confused on how some companies can be worth multiple trillion dollars without the financials to back them?
Lastly, there is no logic how the market is still going up with oil prices, war, US debt and US dollar where it’s at.
Either the government is completely involved in keeping this bubble inflated for as long as possible, and or there is collusion amongst the billionaires because the consumer is suffering, and the billionaires are getting insanely wealthy very quickly.
I just want to hear out what you guys think about this. Please don’t give one word answers. Give me your true thoughts on each of these topics.
Only we are here for each other, I guess no one’s looking out for us.