NASDAQ Double Top 2021 + 2024
Do you think "markets only go up?"
Did you know that, accounting for inflation, the nasdaq has not exceeded 2021 levels? Even with nvda and the AI rally, we're only really at 2021 levels (!!) in real dollar terms.
Here is the nasdaq price divided by US CPI. This is a potential "double top." If the fed don't move the rates down to 0% immediately, I suspect we'll see a slow grindy "deleveraging." My guess is that you're seeing a slow motion crash that could take a decade to resolve.
Did you know that, accounting for inflation, the nasdaq has not exceeded 2021 levels? Even with nvda and the AI rally, we're only really at 2021 levels (!!) in real dollar terms.
Here is the nasdaq price divided by US CPI. This is a potential "double top." If the fed don't move the rates down to 0% immediately, I suspect we'll see a slow grindy "deleveraging." My guess is that you're seeing a slow motion crash that could take a decade to resolve.
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