Steppe Khanate wrote:Grand Proudhonia wrote:Its a bit of a hyperbole but sell offs occur more often than not due to world events more so than anything else.... and people always buy into what they think will be the next big thing which causes over inflated prices that lead to yet another sell off due to company failure or worse... or at least thats the way I see it... The stock market is a strange beast but you cant deny the role of mass hysteria
You definitely can’t, but the stock market is much better than what it was even a decade ago on the topic of mass hysteria. If it truly was based on mass hysteria, all of Elon Musk’s enterprises would be dead by now
I mean Tesla is hurting right now and Space X is alive thanks to NASA contracts so