this post was submitted on 06 Jun 2026
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[–] StillAlive@piefed.world 0 points 2 months ago (1 children)

I've already withdrawn money I had invested in US.

You can't convince me this isn't bubble:

[–] Aceticon@lemmy.dbzer0.com 1 points 2 months ago* (last edited 2 months ago)

Here's an even more interesting one:

Nasdaq 100 vs P/E ratio historic graph

It's the P/E ratio (the ration between the stock Price of a company and it's Earnings) of the Nasdaq vs the Price.

Notice how the Nasdaq price has tracked the P/E, with since at least 2020 the stock prices not increasing because company earnings are going up but rather just from increased speculation hence the rise in the ratio of stock Prices to Earnings.

The P/E (in other words, the company stock prices relative to the actual money a company makes) is now about twice as much as back in 2020.

[–] MagicShel@lemmy.zip 0 points 2 months ago (1 children)

Excellent! Fuck Musk.

And while I'm not an AI hater, that is 100% the investors trying to cash out before the industry runs into trouble.

[–] Changelin@discuss.tchncs.de -2 points 2 months ago