And the stock market crash is getting a little closer again 🤯
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@BavarianLion I'm looking forward to the aviation/shipping sector tomorrow. I think the rotation from tech & growth into more defensive stocks will continue.
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•@CashflowKultur Dow Jones currently down over 1000 points, the Nasdaq 100 is almost 400 points in the red 📉🤯
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@BavarianLion yes, definitely -70%
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•@BavarianLion That's right, it was time change in the USA, don't forget tomorrow 14:30 opening. All checked out.
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•@Sansebastian It's nice when, like you, you know everything better and don't concern yourself with possible scenarios! Have you forgotten who's in the White House? You can't compare this with the past because Trump is acting irrationally! There are also decisive factors: AI bubble, Iran war, weak economy in the USA! If all that bursts at once, I'd like to see what happens! 😅
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•@BavarianLion I don't know everything better! But how the hell did you get to -70%? There we are in the S&P500 at 2000 points. That's so far removed from reality...
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@Sansebastian 70% is probably exaggerated. But 30-40% is realistic, at least for the NASDAQ and also for the DAX and Eurostox.
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•@BavarianLion Sooner or later, a crisis will come. We will see how this is reflected on the stock market. Personally, I think quite differently anyway. Infinite debt, infinite growth with finite resources. Can't go well.
Jobs will be lost due to AI, what do you do with a wave of unemployment IF, for example, a million jobs are replaceable in a few years. I like to think of cashiers, with surveillance technology that becomes superfluous because you can't even steal anymore. Set up self-checkout, work "for free".
I'll post something bigger...
Jobs will be lost due to AI, what do you do with a wave of unemployment IF, for example, a million jobs are replaceable in a few years. I like to think of cashiers, with surveillance technology that becomes superfluous because you can't even steal anymore. Set up self-checkout, work "for free".
I'll post something bigger...
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•@Sansebastian Did you take the 70% at face value? Ok, maybe I should have used some kind of smiley to emphasize the drama! The 70% was a bit of rhetorical exaggeration... 😉 I just wanted to illustrate the "explosive force" that is currently present on the stock market! Nobody can really say how extreme it will be in the end anyway, but should this spark ignite, then I can well imagine the scale of 2008 or Dotcom! And again: COULD!!! Of course I hope it doesn't turn out that way!
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•@Sansebastian Nobody mentioned 70% except you? So I don't see it.
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