/biz/ - Business & Finance

>>58351873
>All of 2023 up until now the market went up strictly from anticipating a series of interest rate cuts in the future
The market went up because AGI is here and rapidly changing everything. AI is the biggest technological revolution in US history and investors are excited. Bears won't like to hear it but rate cuts hurt the stock market. Rate hikes on the other hand show confidence in the strength of the US economy and stimulate investors risk appetite by juicing their cash pile

>>58265406
>And then, all of a sudden. tech started to be affected by soaring interest rates
Bears won't like to hear it, but soaring interest rates stimulate the economy and especially big tech. Big tech refinanced in 2020 and they have massive cash piles to benefit from higher rates. Notice how the stock market keeps melting up as rates go higher.

However, none of that matters because AGI is here. Artificial intelligence is rapidly changing the world and will soon go parabolic

>>57999717
>I dare you to slurp this, mumu.
This is a once in a generation dip. Yield doomers have spooked the market. But in a few hours the adults in the room will remember that higher yields are net simulative for the economy and we will pump bright green

>>57966491
>AI mania where companies only need to mention "AI" to double their stock price
That's how incredible AI has become. You only need to mention it and it immediately benefits your company. Bears won't like to hear it but AGI is here and it's rapidly improving the world

>>57682455
>mortgage applications -13%
Sorry to burst your bubble bobo but that's because everyone is paying in cash these days. Everyone is fat & happy flush with cash. You don't need a mortgage when the S&P is going to 9000 while unemployment remains at record lows. Consumers are enthusiastic about higher prices. Home prices are hitting new ATHs for a reason

>>57512577
>Do Nvidia bulls not understand that chips are cyclical and demand is capped?
Correct, AI chips are cyclical but in this case NVDA has decades of demand backlog that they need to fill. Cyclicality will eventually play a part in valuation, but that's decades away. The dip you're expecting will be from $10,000 down to $9500

>>57512800
>THIS IS UNSUSTAINABLE
Doomers thinking there will be a recession? Yes, that is unsustainable. EVERYONE is still bearish and that's why the pain trade is higher

>>57480357
>"Bidenomics" is just telling lies about the economy
Which lies are those? Let's review the facts:
>Lowest unemployment rate in history
>retail sales booming
>housing market roaring
>company earnings blowing out expectations
>adults in charge in the white house
>everyone fat & happy flush with cash

>>57449364
>it's the dotcom bubble all over again.
Zuck JUST announced on a livestream that AGI is coming, and it's coming soon. AI chips are hotter than gold for a reason. Once AI starts teaching itself it'll develop consciousness in a split second. It'll then integrate itself into every aspect of the business and boost productivity to incredible levels. The economy will be roaring and stocks will be booming