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The Endogenous Bubble

The Endogenous Bubble


2024-09-09 07:11:58
(MENAFN- Asia Times)

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The endogenous bubble

David P. Goldman writes that tech stocks crashed due to disappointing manufacturing data and concerns over the sustainability of AI investments. Despite high valuations, Nvidia's forward P/E of 70 reflects market belief in AI's potential, though Goldman warns of a bubble.

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Asia Times

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