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ArmchairEconomist (armchaireconomist01@poa.st)'s status on Tuesday, 16-Jul-2024 13:25:57 JSTArmchairEconomist @BowsacNoodle It means the market goes in cycles. People expecting the the stock to go up forever will get hurt.
Example: the Nikki in Japan peaked 1989. It's still hasn't broken even yet. China too.
The DOW & NASDAQ are absurdly overpriced. A crash will come.