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Analysts Stirred, But Not Shaken, By ‘Warp Speed’ Correction
In the midst of rampant uncertainty, Goldman's cross-asset strategy team this week upgraded equities to Overweight on a three-month horizon, a somewhat bold decision considering the event risk captured by that timeframe.
Then again, stocks just staged one of the most ferocious rallies in history in the face of what, at least for a couple of months, was the closest thing to an outright depression the world had seen in a century.
Additionally, Goldman's call contained quite a bit of nuance. It w
The Social Dilemma (Netflix) does a good job explaining how social media is addictive. So rather than think social media (FAANG) are overvalued, it seems that as an addictive product produced at almost zero cost it is undervalued. I would question after watching this whether regulations can be developed to reduce the addiction as innovation is infinite.
Not just that but also the fact that if FAANMG are make up large % of earnings of Global GDP you can expect the taxation on tech to become more prominent around the world… as well as regulation.