The extreme bubble in stocks 'will end in tears' with the S&P 500 plunging 64%, a long-time bear who called the 2000, 2008 crashes has warned. (finance.yahoo.com)

submitted 1 year ago* (last edited 1 year ago) by abc@lemmus.org to c/personalfinance@lemmy.ml

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cross-posted from: https://lemmus.org/post/167976

Do you think that the AI bubble will pop? Is entering the stock market dangerous right now?

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[-] drexy_rexy@programming.dev 7 points 1 year ago

I wonder how many other crashes he predicted besides those two. It's kinda like Michael Burry, that dude seems to predicting a collapse every week. My plan of "just keep buying and don't worry much about it" seems to be working, and if it crashes 64% then cool, stuff will be on sale when I'm buying.

this post was submitted on 30 Jul 2023

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