alt Hacker NewsIt's a bit early to be calling it, I think.
A sell-off is required to start a panic-sell and bubble-pop, but not all sell-offs start a panic-sell and bubble-pop.
It's hard to tell in advance what this is.
Replies
sumeno • today at 6:18 AM
That seems to be the entire point of this page.
Everyone either misinterpreting what it says or only reading the headline, because it's pretty clear that the author is arguing that only 1 in 5 sell-offs equivalent to the current one end up being significant.
> The recent AI sell-off brought a lot of fearmongering headlines. Put next to past stock market crashes, it's only a mild correction for the S&P 500, 6% below its record.
Yes. This is just the first day.
It's going to take a year or two more. Will the humanoid robots being built be useful? Will Tesla's robotaxi ever work without a huge number of remote monitors? Will the free models start to displace the expensive ones? Will someone figure out a way to do all this at lower cost? We don't know yet. But there are too many huge companies with rather inflated market caps. Some of that has to be air.