Henrik Zeberg warns about dot-com bubble repeat
por Kelsey7f: Federal Reserve
Right before the dot-com bubble burst, the market ran up around 46% in its last six or seven weeks. Macro economist HenrikZeberg thinks we're in that stretch right now. He sees a market running on the belief that AI will solve everything and the Fed will print its way out of anything else, and he says that belief has never lasted.
Transcrição (en)
So right now, this is irrational behavior. It is euphoria. It is the belief that AI will solve everything and there's no end to it. And if there's anything coming up, we'll just print money. That is the belief. And if you go with that belief, I'm happy for you. But I can't help you then because that's not macro. That's not economics. That is a naive belief that something is new all of a sudden that we haven't thought of before for the last 400 years. I mean, they printed money into the Napoleon Times. So it's not like it's something new here, but it never lasts. And that's what we're going to experience this time as well. We have done so much on that side and it's now coming out as inflation. And the Fed got scared and they are now being too hawkish for too long, just like they were too dobbish. And that is going to be the crush of this. And at some point, the market is going to realize. I think we got a little extra, you know, the last real spike up. And I would encourage people to go study the 2000 bottle and see how it went there. Because there we had like a 45, 46% in the last six to seven weeks. And I think we're entering that kind of timeframe at this point. If you enjoyed this, be sure to hit that like button and follow to stay up to date with what's going on in the world and everything else memes and markets. Peace.
