@neilksethi It's natural for earnings expectations to spike on the way out of an economic slump. But we're now at a higher level than was achieved at prior economic peaks (1990, 2000, 2007 and 2020).
@dailychartbook@greg_ip The words "spending on" in the chart headline are redundant and should be crossed out. "Spending" and "expenditures" are the same thing.
@StockMKTNewz A wonderful monopoly, for now. But customers (think TSM) are balking at ASML's high prices. Unhappy customers are a long-term warning sign. If a realistic competitor emerges, they'll bail in a heartbeat.
@BramVGenechten@BenBajarin For every buyer, there is a seller. You should never buy without reflecting on why the person on the other side of the trade might be selling.