Is the Great Tech Bubble losing steam?

Degenerate Business School

English - July 19, 2020 03:00 - 26 minutes - 18.3 MB - ★★★★★ - 16 ratings
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Previous Episode: Is Tesla Worth It?

Next Episode: Silver & Gold

The markets muster on, mostly, as the FOMO rally of the ages continues.However the Nasdaq lost some steam, with flagship Netflix lowering it's guidance and getting walloped on Friday.

What do we make of Netflix's dual CEO consulship thingy? Reed Hastings has proven immeasurable Value over Sock in the past. Will this pull the luster out of their darling rise?

And is the bubble in tech starting to cool off somewhat?

Furthermore, Chinese markets pull back as the People's Republic encourages restraint. What happened to the jealous villagers?