Part of the market issues this week are Korea imploding and Japan about to implode. Japan's bond rate moving up could mean the end of the carry trade. Korea apparently has many stock tickers but only two distinct companies behind them. This caused their market and their overly leveraged retail investors a lot of pain.

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cl42 2 hours ago | parent [-]

Good point. Do you think the NASDAQ selloff will recover once Korea stabilizes?

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gadflyinyoureye an hour ago | parent [-]

Eventually. I'm a bit concerned about it right now. I think SpaceX showed that the AI story is weaker than promoted. This will make people wonder about all the money going into it. If the bubble pops, the blow back on that particular index will be huge. Maybe dotcom bursting huge. But after 15 years QQQ move positive.

	▲	cl42 an hour ago \| parent [-]
		SpaceX is a really interesting one, tbh, especially in the context of circular deals... they're making $2b/month leasing their data centers to Anthropic and Google, which is a huge markup. ... but then again... if they are leasing the compute then it implies their own AI work isn't paying off? In short: I agree with you.