Trump posted this picture on Truth Social today. Obviously it's AI-generated gibberish with numbers that are clearly made up and a random 100% put on there for good measure - but does anyone know what it is he is trying to lie about here? It's so wrong that I don't even know where to begin.
Anyone else get the feeling that Trump ironically needs the war to continue indefinitely to prop the market up? He can announce the war has ended weekly for that little pump, and no one wants to sell or short the market because of the upside risk of a big move up the day the war actually ends.
Ironically, I can imagine the war ending as the catalyst for the market to crash back to reality when the upside risk is removed and we are left with inflation, an oil shock, rising interest rates, and circular financing.
Edit: Most of these responses are "companies making lots of money stocks go up straight line forever." Just shows we are at peak euphoria when a lot of us are up 100%+ in a month and still so delusional that we think another 100% is coming. I am not even bearish on AI but to think think the fastest and largest short term run in stock market history is not overdone... that is a wild take.
Where does META get its money? Almost entirely from ads to the consumer. You can scream the economy is K-shaped all you want, but if the consumer is struggling the ads stop coming and the revenue stops increasing. This goes for every company down the line. Passing billions between companies in "investment" is not real revenue.
Am I going crazy, or is the real AI bubble in construction? We are all scrutinizing every move of chips and hyperscalers while the companies building out the data centers are soaring to absolutely absurd levels.
GE Vernova - Up 330% since tariff lows with a PE of ~32.
Caterpillar (I mean... come on) - 230% with a PE of ~47.
Vertiv - 509% with a PE of ~82.
I mean, come on, Generac is up 90% just this year.
These are companies that have absolutely no chance whatsoever at sustaining their growth and will have a rapid collapse post-buildout, if you even believe their current valuations at all, yet we hear nothing about their parabolic moves in media.