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1. Bubble pops: 401k's drop, we enter a recession and bailouts arrive.
2. Bubble doesn't pop: AI takes jobs away, unemployment spikes and 1% take 99% of the profit.
1. Bubble pops: 401k's drop, we enter a recession and bailouts arrive.
2. Bubble doesn't pop: AI takes jobs away, unemployment spikes and 1% take 99% of the profit.
You can't expect one company to carry an entire market forever.
A Fed cut in December would help but with mixed employment numbers it’s a coin toss.
You can't expect one company to carry an entire market forever.
A Fed cut in December would help but with mixed employment numbers it’s a coin toss.