Any newspaper article whose headline is a question invariably fails to answer that question. So at the end of this Op-Ed, we have a nice quote about no-handed clocks, but no new information about the tech bubble, if it is indeed a bubble. People have been calling the peak since shortly after the Great Recession. Being pessimistic makes you look realistic and smart. But when the bubble doesn't burst, you still lose money based on an unfounded opinion, and that's just as stupid as groundless optimism.
The latest Fed minutes suggest they intend to tighten up the QE balance sheets, and leave interest rates alone as long as interest rates stay below 2%. I think that means there'll be there'll be less money trying to figure out what to do with itself, and funding might get tighter for a bit. Don't know that there's a bubble to burst, but there might be a slowdown over the next couple of years.
We currently have dozens of high-valuated tech companies that make losses, surpassed their growth phase and have no hope of ever turning a profit (e.g. Dropbox, Twitter).
This very much sounds like a bubble that will burst to me.
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[ 2.6 ms ] story [ 26.5 ms ] threadThis very much sounds like a bubble that will burst to me.