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The stock market is not based on income. It’s based entirely on speculation.
June 18th: $136 August 4th: $100 August 18th: $130 again now: $103 (still above 8/4)
It’s almost like hype generates volatility. I don’t think any of this is indicative of a “leaking” bubble. Just tech journalists conjuring up clicks.
Also bubbles don’t “leak”.
I mean, sometimes they kinda do? They either pop or slowly deflate, I’d say slow deflation could be argued to be caused by a leak.
We taking about bubbles or are we talking about balloons? Maybe we should change to using the word balloon instead, since these economic ‘bubbles’ can also deflate slowly.