Everyone is waiting for the "bubble" to finally burst. There is just one problem... It doesn't look like a classic dotcom bubble.Already 88% of S&P 500 companies have reported earnings, and profits have grown by 50.4% – the strongest since Q2 2021.
During the #dotcom bubble, stocks rose, but company profits fell.
Today the situation is different – stocks are rising, but results are also delivering.
Of course, you can shout that everything is overvalued, that #AI is a bubble, and that Wall Street is about to collapse.
Shorting a market that continues to deliver such profit growth is a bit like shorting #BTC just because it "rose too much"... 𝕏
#CryptoSoon #Stocks #TradFi #WallStreet
