MemeBTC
Have you ever wondered what a market bubble really looks like? Simply put, it is when asset prices are inflated far beyond their actual value, driven entirely by hype, speculation, and fear of missing out—while the fundamentals have long been forgotten.
Here's a real example: The STXX Europe 600 Index's increase this year has almost entirely come from an expansion of valuation multiples, while profit growth is close to zero. Even more ridiculous is that the top 50 giant companies in the Eurozone have actually seen no growth in profits. And it's still rising? This is a typical chara
View OriginalHere's a real example: The STXX Europe 600 Index's increase this year has almost entirely come from an expansion of valuation multiples, while profit growth is close to zero. Even more ridiculous is that the top 50 giant companies in the Eurozone have actually seen no growth in profits. And it's still rising? This is a typical chara