Tech Rout

[errolanderson]

Grains, gold, crude oil, USD rocketing . . . .

Stock markets, cryptos collapsing . . . .

[agstar77]

Grains, gold, crude oil, USD rocketing . . . .

Stock markets, cryptos collapsing . . . .

I can see cryptos go to zero banned by west to cripple oligarchs and Russian traders.

[FarmJunkie]

I think you’ve got your collapse Errol. This shud have been fixed 14 years ago but the idiots in charge chose the route that has led us here.

[errolanderson]

I think you’ve got your collapse Errol. This shud have been fixed 14 years ago but the idiots in charge chose the route that has led us here.

This is not the way it should happen. Agree, should have been fixed years ago.

[errolanderson]

It’s a bear market . . . . According to Barchart, 66 percent of stocks have now broken their 200-day moving average. Many stocks are now down 50 to 70 percent from their recent January highs.

This may take years to recover . . . .

[errolanderson]

The 10 worst stock market cap losses of the last 3 months:

Meta -$367 billion
Microsoft -$350 billion
Amazon -$200 billion
Tesla -$168 billion
Netflix -$130 billion
Shopify -$118 billion
Nvidia -$118 billion
PayPal -$115 billion
Salesforce -$101 billion
Adobe -$98 billion

Markets appear to be entering the 'money-under-the-mattress phase . . . .

[TOM4CWB]

The 10 worst stock market cap losses of the last 3 months:

Meta -$367 billion
Microsoft -$350 billion
Amazon -$200 billion
Tesla -$168 billion
Netflix -$130 billion
Shopify -$118 billion
Nvidia -$118 billion
PayPal -$115 billion
Salesforce -$101 billion
Adobe -$98 billion

Markets appear to be entering the 'money-under-the-mattress phase . . . .

That’s only $2T…. They just passed a $2T US spending bill!!!

How does this work?
If you add $7T to the US economic system… where does it go??? Plus the EU… Chinese… Asia-Pacific… $20T???

Just asking…where did all that currency go? Inflation of real estate, equipment… food /feed/ energy gets consumed…

Big balance sheet!

[agstar77]

Just shuffling chairs on the deck of the Titanic. Tech to materials.

[errolanderson]

Just shuffling chairs on the deck of the Titanic. Tech to materials.

Add $2 trillion to a spiralling $30 trillion plus U.S. debt. U.S. infrastructure in a poor state. More bridges at risk? This will take years of repair and can’t be ignored . . . .

Tech is a different world and appears in serious trouble. Investors are getting an overdue tune-up and education.

[furrowtickler]

Add $2 trillion to a spiralling $30 trillion plus U.S. debt. U.S. infrastructure in a poor state. More bridges at risk? This will take years of repair and can’t be ignored . . . .

Tech is a different world and appears in serious trouble. Investors are getting an overdue tune-up and education.

I don’t think this can be repaired , hence they let Russia waltz into the Ukraine... I could be wrong

Everything being yapped about is reactionary, they had nearly two months to try to stop it
No one did a thing , just pushed covid , covid , covid . Sad for the actual citizens of Ukraine caught in the middle . And now the massive spike in inflation on the the rest of the world that’s not billionaires. They can ride this out , no one else