this post was submitted on 05 Jun 2024
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chapotraphouse

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NVDA Stock Alert: Nvidia Is Racing Toward the $3 Trillion Mark | InvestorPlace

I had no idea it was that large.

Stock Market 1929: The Highest Point Before the Crash | TIME

[In 1929] Yale economist Irving Fisher was jubilant. “Stock prices have reached what looks like a permanently high plateau,” he rejoiced in the pages of the New York Times.

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[–] came_apart_at_Kmart@hexbear.net 12 points 1 year ago (1 children)

i saw this graphical articulation of economic bubbles a long time ago, and i've thought about it a lot over the years. especially the peak moment / "New Paradigm" moment of maximum mass delusion, where it feels like everyone you see on the street is leveraging their entire ass to buy more securities and bragging about the infinite growing future.

[–] Des@hexbear.net 7 points 1 year ago

this matches the first GME squeeze run nearly exactly