Originally Posted by
Turbosina
Oh also -- while the S&P does indeed include 500 companies, fully 35 to 40 percent of the index's entire value is derived from just seven companies.
Seven.
All of them are tech companies and their valuations depend *extremely heavily* on this AI boom, the future of which is anyone's guess.
Excargodog is basically a troll poster at this point, offering completely unserious takes and irrelevant comparisons. He's basically become the new sonicflyer (what happened to that guy?)
A page or two back, he defended Trump's unhinged twitter rantings by claiming that's the same way we won WW2.
The economic analysis of a guy who thinks WW2 was won because FDR threatened the axis powers in the style of Trump should be taken with a grain of salt to say the least