Is This Time Different?

    https://i.redd.it/t7d1otu70ndd1.png

    Posted by TuxForBux

    34 Comments

    1. _WhatchaDoin_ on

      Dude, everyone on Reddit knows that there was no AI before 2023. /s

      That being said the 2020-2021 was the Covid tech push, 2022 was the post Covid hangover. but yeah, there is a tech euphoria again, driven by AI in 2023-2024.

    2. Now compare the tightness of the money supply during those times.

      Each occurred when the M1 supply was artificially tight and interest rates shifted.

      You are not off track here.

      All we need is a tipping point. One more event like.Fidays and the bottom will drop out.

      Housing is down. National debt is up. And China is shutting banks at a record pace. The ripples are happening.

    3. newmacbookpro on

      AI is very different from the others. It’s more like the creation of Excel.

    4. This is pure garbage. The others are indexes which are compared to the mag7. This is not how you compare things. BofA should be ashamed. The current INDEXES don’t have a comparable performance to the mag7 and the old mag7s had a much better performance.

    5. 2020 wasnt a rally, it was a recovery from the Covid crash. Tesla was at $400 before your chart and we still havent even come close to that 😆

    6. Mister_Lonely_ on

      You can clearly see that the ai bubble is different and is in fact not a bubble as it dipped significantly over 2022 and rose more. Didn’t happen for the other bubbles

      Bullish ![img](emote|t5_2th52|4275)

    7. Ok_Factor5371 on

      Oh yeah the telecom bubble burst in 2000 and telecom ceased to be an important part of society.

    8. This can easily evolve into an AI related bubble, but good luck if you will decide to time it, or stay away of it and only observe.

    9. ArtilleryJoe on

      No it’s not different
      Just like the dot com bubble – ai is gonna change a lot of things but it is way overhyped

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