alt Hacker NewsThe way I've been thinking about it: there is too much money trying to pour into the market. That's why valuations are so high.
Maybe getting more of these big private companies public will bring valuations down a bit.
(Just my impression. No math or financial studies behind it :)
Replies
hungryhobbit • today at 12:51 AM
No, the crash (that we all know is coming) will do that. Until then, history teaches that we'll just keep going up and up
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1270018080 • today at 1:18 AM
There is nowhere else for that money to go
> there is too much money trying to pour into the market
Keep in mind that inflation ran over 7% annualized in April [1].
[1] https://www.bls.gov/news.release/cpi.nr0.htm