world. But at some point, I think the bull phase of this long expansion and prices will exhaust itself. But my sense is that it will exhaust itself. And it will not be some exogenous shock. There may be something that happens and it'll grab ahold of it and say that this is it. And so maybe this is it. Maybe, you know, the mania is over. Right. But my sense is there's still a bit more sort of euphoria to go with the tech pros in the White House and their home narrative. Yeah, I think that could be the case. But do you subscribe to my theory that a stock market crash could be the tipping point for all of this? Or will it happen in isolation, do you think? Absolutely. I think that if a stock market crash is big enough, it depends on how bad it is. Right. If it's big enough to impact the economy, given how many people are invested in it, certainly it would be catastrophic for people of a certain demographic. Whether or not that wouldn't though lead to the kind of, in my opinion, need for (91/99)
You are viewing a single comment's thread from: