"Dot-Com Bubble 2.0" Could Burst at Any Time - Revolutionary Communists of America
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2 Articles
"Dot-Com Bubble 2.0" Could Burst at Any Time - Revolutionary Communists of America
With AI mania driving unprecedented investment in the tech sector, Wall Street punters are racing to get a piece of the gold rush. Speculation on the NASDAQ is rampant, tech stock is being inflated well beyond actual profitability, and a horde of crypto-addicted zombie companies has been unleashed upon the markets. A colossal correction is only a matter of time. As we have commented many, many times: capitalism’s organic crisis, which came to a …
A trusted market gauge has surged to dot-com bubble levels | The New York Ledger
A relied on market gauge has actually risen to its greatest levels because the dot-com bubble, signaling stocks are the most pricey in 25 years. The Shiller P/E ratio, likewise called the cyclically changed price-to-earnings (CAPE) ratio, compares the existing worth of a stock index like the S&P 500 to its average, inflation-adjusted revenues over the last ten years. The S&P’s Shiller P/E ratio crossed 40 on Monday for the very first time becaus…
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