/biz/ - Business & Finance

>>30176686
No

>>27568369
The stock market is a bubble caused by an influx of new investors with little experience that began when robinhood had first come out. That prompted all the retail brokers to slash their fees to zero and get gud at mobile applications. This was when jobs were still good. Then the economy goes to shit, people get gibs and scam unemployment to funnel cash into primarily US equities. Institutions degrossing across the board but market flows are still positive because retail is buying it. What we saw the past week or two wasn't the beginning of anything, just a symptom of an already extended market. The last time we had a real longwinded 50% contraction was 13 years ago. So I think by now given what we can actually observe happening behaviorally it's clear that there's a bubble but I have no idea where the top is. Feels like it should be close, but equities are a really big game
Also you get a better risk adjusted return holding 10% bitcoin 90% cash the past ten years than 100% equities. And better with 10% bitcoin 90% equities. The same is, or was true of gold and equity portfolios so I bet you start seeing this allocation in retail, professionally managed portfolios. Banks not so much because the volatility hurts their capitalization
Defi is the future of finance 100%
GME is squoze
Silver might actually be a good play but it's too high to buy it now personally, it is not squeezable though
Generally short squeezes are not actually easy to force and are kinda ephemeral

>>27190198
All in BTC with my net worth