|
NW Indiana | Just today Tesla added in market cap about the amount GM is worth and 160% of what ford is worth. Stop and think about that. Bitcoin added about the same amount of market cap so combining the 2 nearly 120 billion of wealth was created just in these two names. I can't recall an asset bubble like this since the dot.com days but similar to that being said in 1998 it took another 2 years to pop it. The fed is pumping steriods into these markets and as I suspected starting to hear some rumblings they may have to start cutting back soon. If they don't stop dumping gas on this fire it might be really hard to get it out. | |
|
Nothing to see here
