Key insights
- The author expresses concerns about extreme market volatility, attributing it to policy and manipulation. They highlight overvaluation in startups and high P/E ratios in Nasdaq companies, while also expressing skepticism towards Bitcoin and precious metals. This negative sentiment suggests a bearish outlook, potentially leading to reduced risk appetite among some investors.
I think we can all agree that market volatility we see today is rather extreme. Its in part due to chaotic policies of Trump admin and in part due to market manipulation and insider trading. Not a good time for leveraged trades unless you are part of well informed and well connected. I wish there was a way to invest start ups and scale ups without crazy valuations, company barely making $1 Million a year valued $100 million and 80% will not exist in 3-5 years. Nasdaq avg company stock has x100 P/E ratio. And I am not fond of btc or precious metals so at this point mostly just a spectator