• ope@lemmy.worldEnglish
    3·
    2 years ago

    S&P 500 performance is more concentrated now than it’s been for a while. It’s also still trading at a slightly elevated P/E ratio.

    Does this mean a recession is likely? Maybe. I don’t know and I don’t think anyone really knows. But I would not be surprised if we see a recession in the corporate real estate market.

  • _MoveSwiftly@lemmy.worldMEnglish
    31·
    2 years ago

    I don’t think it’s imminent, this isn’t really a good indicator.

    Capitalism has been working for these companies and they’ve been centralizing a lot of things to them. The only odd ball here is TSLA, because it’s not producing the value it says it does.

    • huojtkeg@lemmy.worldOPEnglish
      2·
      2 years ago

      I agree on TSLA and I think NVIDIA is highly overvalued. The just make a very specific kind of chips and the AMD and Intel competition will increase in the next months.