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 Bubble?, Bubble?

Elon is now the richest. Does anyone think that this is a speculative bubble and it is going to burst soon? When it pops, will it affect our KLCI despite KLCI has no tech? Reason: There must exists a lot of other speculative assets apart from Tesla
 
A Yes, bubble bursting soon, will affect all markets due to sentiment shift, but opportunity to buy the dip for value stocks [ 35 ] ** [52.24%]
B Yes, bubble bursting soon, but will have no impact on KLCI [ 14 ] ** [20.90%]
C No, Tesla, btc, eth, doge, mars are worth more than that [ 18 ] ** [26.87%]
Total Votes: 67
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SgtScoop
post Jan 14 2021, 07:21 PM

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There is a bubble around EVs which will pop eventually.

The DOW is around 7% higher than 1 year ago. The chart doesn't look like a bubble to me. The KLSE is at 1,600, down from 1,800 2 years ago. I'm not seeing a massive bubble in the market. It's only in certain stocks, particularly EVs and tech.
SgtScoop
post Jan 15 2021, 12:38 PM

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QUOTE(icemanfx @ Jan 14 2021, 07:23 PM)
If one is inside the bubble, could not see the bubble from the outside. The bigger the bubble, the more comfortable for insider.
*
Or if you are really desperately looking for bubbles, you'll see them where they don't exist.
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