@Studman223@Kirsten_Tanis1@iamcogs Yes and research shows that yr 1 of a recovery is typically a down yr. Not back to peak performance until the 2027 campaign
@ScroogeCap@equityclimb1 Easy. It’s up 100%+ over TTM. Mngt is selling expensive shares. Companies already use pricy equities as currency after big rallies (M&A, ECM)
@BoringBiz_ Demand is higher than supply. Right now. And then something changes.
Demand falls bc LLMs need to make a profit. Supply become less constrained and margins fall. Lots of things could happen and change the it’s-not-a-bubble-paradigm
@PauloMacro The US blockade is a modern day siege. IR executed 30k ppl in Jan who rose up bc the economy was already terrible. How does time help IR? The longer this goes on the more energy alternatives are found.