DoyourememberthisbookpublishedinOctober1999,rightbeforetheNasdaqbubbletoppedout?Theauthorswereultimatelycorrect,butperhapsaquarterofacenturytooearly????????.Backinthelate1990s,theinvestmentworldwaseuphoric,giddy,andcomplacent.Today,thereiswidespreadconcernaboutanequitybubble.
Ithinkthatthefactthateveryoneisdiscussingabubblesuggestswemaynotbeinoneyet.Currently,corporate#profitsarestrong,wher...[
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YARDENIRESEARCHQUICKTAKES(November20,2025).Wecontinuetobetontheeconomy'sresilienceandonproductivity-ledeconomicgrowth.Earningsshouldcontinuetorisewellintonextyearandbeyond.Thequalityofearningsisgenerallygood.AIbubblejitterscouldweighonthemarketforawhilelonger,creatingbuyingopportunitiesamongboththeMagnificent-7andtheImpressive-493.Ifthepullbackturnsintoacorrection,wemighthavetopushour7000yearendta...[
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11月20日，段永平在雪球上公开发文表示：最近终于再多花了点时间看了很多马斯克的东西。面对他的那么多厉害的产品，我上个礼拜和这个礼拜已经开始投点在特斯拉上了，满意了吧？最近几年确实感受到马斯克的厉害，而且他的第一性原理我是很好理解的。不做朋友但还是可以投资的嘛，反正他也不打球。就当风投吧，我觉得10年后回头看，这个投资也许是对的。
一石激[
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ImnotsurprisedbythevolatilityinmarketsastheyadjusttothepaceofAIadoption,butIamexcitedaboutthistechnologyspotentialtocreatesignificantproductivitygains.
Megacaptechcompaniesaredevotingmoreoftheircashflowstoinvestinginthistechnology,butthesearehuge,diversifiedcompanieswithenormousbalancesheetcapacity.Moreriskcapitalhasbeendeployedinnewertechcompanies,someofwhichwillultimatelyfail,butotherswillgro...[
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FromtheBloombergarticleonhowOracleCorp.,theoncestodgydatabasegiantthatsborrowedtensofbillionsandtethereditsfortunestotheartificialintelligenceboom,isquicklyemergingasthecreditmarketsbarometerforAIriskandhowitsCDS(chartbelow)hasbecomethemarketspreferredwaytohedgeandbetagainsttheAIboom
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首先说结论，分析师认为，目前英伟达(NVDA)的估值并未处于泡沫水平，市场已经反映了其良好的执行力以及未来几年的部分增长预期。
在英伟达发布财报前不久，Polymarket数据显示，英伟达季度业绩超出预期的概率高达93%。
我相信，市场多数参与者早已预期到营收和每股收益（EPS）双双超预期。
但就分析师个人而言，之前仍不确定英伟达股价在财报发布后的表现（[
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OneEarningsReportCantErasetheStockMarketsAIBubbleConcernsDontfighttheFedisafinancialmarketshibbolethmostinvestorslearnataveryearlystageintheircareer.
Thecentralbankmightbewronginitsassessmentofinflationpressuresandthejobmarket,butitmakestherulesnonetheless.Pushagainstitatyourperil.Nvidia
NVDA
-3.15%
seemstooccupyasimilarspaceinthefinancialmarketsthesedays.Astheworldsmost-valuablecom...[
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TheStockMarketsFearGaugeIsStartingtoFlashThestockmarketsfeargaugespikedtoitshighestlevelsinamonth.
TheCBOEVolatilityIndex,orVIX,surgedashighas28.27onThursday,whichwasitshighestintradaylevelsinceOct.17.Itlaterpulledbackto26.05.
TheVIXmeasuresimpliedvolatilityinthemonthaheadintheSP500.Areadingaround20isconsiderednormalvolatility,sothefurthertheVIXrises,themorethingsstarttosignalheightene...[
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NasdaqSinks2.2%asNvidiaBumpEvaporatesAnearlystockmarketrallyfueledbyNvidiasearningsturnedouttobeamirageonThursday.
TheNasdaqCompositesank2.2%.TheSP500fell1.6%.TheDowJonesIndustrialAveragedropped386points,or0.8%.
Atonepoint,theNasdaqwasup2.6%,whiletheSPwasup1.9%andtheDowwasup1.6%;allthreeindexesmarkedtheirlargestreversalfromanintradayhightonegativeterritorysinceApril8,accordingtoDowJonesMar...[
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FedlikelytonotcutratesinDecemberfollowingdelayedSeptemberdata,accordingtomarketodds
OddsofaDecemberratecutremainedlowfollowingthereleaseofdelayedjobsdata.
Marketswerelastpricingabouta35%chanceofaquarter-pointcutfromtheFederalReservenextmonth,accordingtotheCMEFedWatchTool.Thatishigherthanthe30%likelihoodpricedinduringthepriorsession,butremainsweak.Thetoolusedfedfundsfuturestradingtocalculate...[
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