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John Quiggin's avatar

Regular reminder that there are also bubbles in crypto, private credit, nuclear energy and of course Tesla. I just wrote a piece on the absurd plan for humanoid robots

https://johnquigginblog.substack.com/p/elons-last-grift

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CM's avatar

The market is an idiot. Thinking that huge Nvidia results prove there is no bubble is like watching a pump operating at full capacity and concluding the balloon it is filling can expand without any limit.

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pat bahn's avatar

At the peak of the bubble Cisco was at $69 it was only a few months ago it passed that in. Nominal price

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