Garpal Gumnut
Ross Island Hotel
- Joined
- 2 January 2006
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I just wonder whether a financial meltdown is not a possibility this year. I do worry about what some are calling a bubble in the US markets. The Deepseek effect on the NASDAQ has caused a small pause but retail investors are again throwing money at stocks many of which they do not understand. Opinions on the effects of a Chinese competitor to Nvidia are appearing iin the popular press next to the latest society scandals. Large funds are selling Nvidia and similar stocks while retail flocks in to them. This is what happens in bubbles.
More of a worry is the spending by many of the Magnificent 7 stocks on chips and data centres, ETF's and funds for the latter are springing up here in Australia as well.
The biggest worries are War and the forgotten Presidential style of Donald J. Trump. While wars are impossible to stop, the President of the USA seems hell bent on promoting bitcoin as an alternative to the $USD. When the ineviable veil of ignorance on tokens and crypto is lifted the US Treasury will have to print money again. The promotion and holding of bitcoin by his own companies and Trump appointed regulators loosening regulations will only heighten the problem. Yet the US commentary is blind to this lack of proper governance.
Crashes are never predicted with any exactitude but the circumstances are developing for one to occur. But who wants to get off a merry go round when the young lady on the horse ahead turns and smiles enticingly at you. Where the US MArkets go in a crash, there goes the ASX.
End of rant.
gg
More of a worry is the spending by many of the Magnificent 7 stocks on chips and data centres, ETF's and funds for the latter are springing up here in Australia as well.
The biggest worries are War and the forgotten Presidential style of Donald J. Trump. While wars are impossible to stop, the President of the USA seems hell bent on promoting bitcoin as an alternative to the $USD. When the ineviable veil of ignorance on tokens and crypto is lifted the US Treasury will have to print money again. The promotion and holding of bitcoin by his own companies and Trump appointed regulators loosening regulations will only heighten the problem. Yet the US commentary is blind to this lack of proper governance.
Crashes are never predicted with any exactitude but the circumstances are developing for one to occur. But who wants to get off a merry go round when the young lady on the horse ahead turns and smiles enticingly at you. Where the US MArkets go in a crash, there goes the ASX.
End of rant.
gg