in other words, the entire stock market is now being driven by "Enron" accounting where nothing is really as it appears.
It'll be interesting to see what happens to US equities, driven by the Mag 7, when the bottom falls out and this capex investment ends. There simply isn't enough capital for this to continue forever, but it can continue for a while longer.
jqpabc123 · · focus · HN ↗
toomuchtodo · · focus · HN ↗