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In reply to the discussion: longshot prediction: the AI bubble gets popped this month by the SpaceX IPO, so get out NOW [View all]Johnny2X2X
(24,485 posts)12. We've been waiting decades for a bubble
Been like 18 years now. Kept going up under Obama, under Trump, under Biden, and now under Trump again. At each stage there were people who sold for political reasons and missed out on record gains. If you sold under Trump's first term, your portfolio missed out on fantastic gains. If you sold because things looked dire during Covid, you missed out on incredible gains. If you sold when Trump took back over you missed out on very broad and significant gains.
Some people have been predicting a crash for decades now, there are more signs that we are about to see incredible growth than a significant pull back, and that's even if an AI bubble falters.
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longshot prediction: the AI bubble gets popped this month by the SpaceX IPO, so get out NOW [View all]
paulkienitz
Thursday
OP
If the Democrats win back Congress this fall I predict a stock market correction.
yardwork
Thursday
#4
Something I think a lot of folks are missing are structural changes in the market.
Happy Hoosier
21 hrs ago
#43
9 years ago when I joined DU, people were saying that Bitcoin would burst and go to near zero
Polybius
Yesterday
#36
Bitcoin will either sputter on for decades, or go almost instantaneously to zero at any time -- it's not predictable.
paulkienitz
Yesterday
#37
Lol imagine taking investment advive from a panicked, anonymous internet poster.
BannonsLiver
22 hrs ago
#41
I am hardly alone in pointing out how remarkably huge and smelly an elephant is currently in the room.
paulkienitz
10 hrs ago
#47
I have no intention of trying to call tops and bottoms. I just want to avoid big crashes.
paulkienitz
10 hrs ago
#46