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bark bark
@king
New confirmed belief of mine, as I've suspected for a while: fundamentals completely gone. You have a population that doesn't respect money, with easy access to the tools like Robinhood that allows them to gamble, they gamble because their salary is a joke, and fiat is a joke. There's a peak to this mania however.
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Lind
@misterlind
Agree, but I think the "no fundamentals" trend has longer legs than we anticipate. Even with a recession, we're just pausing to rebuild some capital and then everyone heads right back to the tables with it (you note the key reasons). Possibly even more so to make gains for lost time . . .
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