Tesla is shining in the middle of a pandemic, recording high sales, and strengthening its presence in the Chinese market. Analysts warn that the electric car market’s bubble is imploding, expressing concerns about its sustainability. The sentiment around TSLA remains optimistic, as it remains relatively stable in comparison to other carmakers. Tesla stock (NASDAQ:TSLA) has…
Category: Bubble
Tech stocks are continuing to soar as FANGMAN hits a new record-high. Throughout July, analysts widely expected the tech market to slump, fearing inflated valuations. Several stocks, including Apple, buoyed the tech market en route to new all-time highs. The total market capitalization of FANGMAN–Facebook (NASDAQ:FB), Amazon (NASDAQ:AMZN), Netflix (NASDAQ:NFLX), Alphabet (NASDAQ:GOOGL), Microsoft (NASDAQ:MSFT), Apple…
The wealth bubble popped in Q1 and it’s likely to bring on a stock market crash as the economic pain continues. There’s virtually no evidence that a V-shaped recovery is on the horizon, suggesting the decline in economic activity will continue. Markets are full of unfounded optimism right now despite troubling sell signals. Household wealth…