But top strategists said the massive debut rallies of Airbnb and DoorDash revealed an unsustainable optimism in the markets.Business Insider's Ben Winck
the rallies showed "euphoria and greed" that's likely not been seen in the stock market since the dot-com bubble of the late 1990s. "It's silly season," Rich Steinberg, chief market strategist at The Colony Group, told Winck. "Investors need to distinguish the difference between a great company and a great price or value."
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Markets love Airbnb $ABNB business model: asset light.
So, I suppose people are travelling more now. :S Totally disengage financial from real economy.
LOLOLOLOLOL!!!
95% only bad news(