Viewer's Choice

[littlejohn]

... 'Building a Tech Bubble 101' ...

...recipe...

1. mix in 8 quarters of weak pc sales...

2. add a quarter of rebound pc sales

off the bottom...

https://www.gartner.com/en/newsroom/press-releases/01-10-2024-gartner-says-worldwide-pc-shipments-increased-zero-point-three-percent-in-fourth-quarter-of-2023-but-declined-fourteen-point-eight-percent-for-the-year

3. stir up a market cap of social media

platform to ten times annual revenue,,,

most users don't know it's value anyway...

4. avoid current weaker economic activity

being considered in any discussion...

VIP , don't mention weaker auto sales

that use chips...

https://www.automotivedive.com/news/new-vehicle-sales-forecast-january-2024-cox-automotive/705905/

don't mention weaker retail sales of

any type that use chips...

https://www.ey.com/en_us/strategy/macroeconomics/retail-sales-january-2024

VIP, DO NOT MENTION weaker Smart

Phone sales, or weaker sales projections

from the leader which uses chips...

https://www.pymnts.com/news/retail/2024/report-us-smartphone-sales-dip-10-percent-as-consumers-delay-upgrades/

Everyone would be leery then...


So we watch...LJ