Recent comments in /f/wallstreetbets

VisualMod t1_jaa7eso wrote

  1. Excessive prosperity is a cause of the 1907 Panic because it results in people becoming overextended and taking on too much debt. This can lead to defaults and foreclosures, which can trigger a financial crisis.
  2. High cost of living is a cause of the 1907 Panic because it increases the costs of goods and services, which makes it more difficult for consumers to make ends meet. This can lead to decreased spending, which can hurt businesses and trigger a recession.
  3. Readjustment of values to higher rates of interest is a cause of the 1907 Panic because it makes borrowing more expensive, which can discourage investment and consumption spending. This can lead to economic contraction and job losses, setting off a downward spiral in economic activity
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ImFedUpWithItAll t1_jaa6s18 wrote

Your risk is with every man and his dog announcing they are offering AI in their shitty products, which immediately translates to 'nvda profits' in all the brains of idiots because, of course, it means they will be spending yuuuuge money on nvda cards..

That's, unfortunately, how people think, and every time some Tom dick and Harry mentions AI nvda can run up.

I do agree with you, just stating what can trip up the thesis.

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ReformedNova t1_jaa6osw wrote

I mean it rode up 20% in one day before it skyrocketed even farther back in 2021. Sure it will crash but why would you not be happy to ride a stock high make some good money that you would never make on a regular trade and hope out and host it immediately after. I mean it’a honestly easy to play if you arnt emotional with your gains. Be disciplined.

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