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Big Tech's Capex Is Half of Wall Street's Profit Growth

13 points · 21 comments · speckx

  1. jqpabc123 · · focus · HN ↗
    in other words, the entire stock market is now being driven by "Enron" accounting where nothing is really as it appears.
    1. Joel_Mckay · · focus · HN ↗
      There are still good opportunities to invest in firms with legitimate revenue flows, but avoiding the consolidated risk exposure is difficult.

      The problem is the unsecured debt loads, fictional market projections, and secondary impact on real firms supplying products, services, and financing.

      A good posture, is figuring out which firms may profit from the fire sales. The hard part for Bears and Bulls alike is they are both usually wrong about when a correction event happens (if they are honest players.) =3

      <a href="https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=rE75WvOtcu8" rel="nofollow">https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=rE75WvOtcu8

      1. downrightmike · · focus · HN ↗
        The problem is contagion, those really bad firms will absolutely wreck everyone else
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