In this week's Off The Cuff podcast, Chris and Mish Shedlock discuss:
- This Smells A Lot Like 2000
- Valuations are running purely on hype & wishful thining
- Netflix & Tesla
- Case studies that prove the point
- Sell Everything!
- Stocks, bonds, real estate — it's all getting sold right now
- The Manipulators Are Getting Desperate
- From overnight futures to cryptos, the hands of the manipulators are increasingly visible
It's feeling a lot like 2000 these days agree Chris and Mish. Valuations are based on a wing and prayer, with huge leaps of faith required to believe in the 'story stocks' left propping up the markets. It smacks of the dot-com bubble's insistence that profitability doesn't matter as long as you have "eyeballs".
by locksmithuk