I listen to a few financial podcasts and one individual is convinced we're in a melt up. He says the stock market is going to rocket then crash bigger than ever before. something crazy like 80%. he says there's way overvaluation with IPOs with no sales and a ton of secondaries that are setting it up to fail. He says the fed continuing to print money is what's keeping the market going and its a matter of time before the market won't move anymore based off the money printing. he talks about nasdaq looking like it did from 1982-2000 when that crashed happened but he thinks it will be worse. When I listen to these Podcasters I don't take it as hard truths. I wanted to know what you guys all thought about it.
Submitted December 21, 2020 at 03:55AM by allstar348 https://ift.tt/3nHHGeS
