stock market

“But that's different in my opinion than AI is driving the stock market. Like it's driving the narrative, but it's not necessarily driving the market.”

“Almost every waterfall decline is a V-shaped bounce unless there's a recession. So that's why we got so keyed up on this high-yield market, because if we fall, but we don't have a recession, that just means you, everyone just panicked. They did a fire-ready ai…”

“The Fed liquidity is a myth. You don't need Fed liquidity for stocks to recover.”

“So I think that in like a very simplistic sense, narrative drives stocks more than earnings do over the intermediate term.”

“There's no way you can have a prediction market without insider information. It's even harder to keep that free of insider trading than it is the stock market. And there are, Fewer regulations.”

“The stock market, when you invest in a company, you're actually contributing capital to that company in a way that is an important contribution to society. Whereas the prediction market is just a bet.”