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still_one

(92,225 posts) Mon Jun 12, 2017, 09:52 AM Jun 2017

Wow, tech is again falling big time in the market. As on Friday, investors seem to be buying blue

chip companies

4 replies

= new reply since forum marked as read

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Wow, tech is again falling big time in the market. As on Friday, investors seem to be buying blue (Original Post) still_one Jun 2017 OP

Because the Luddite In Chief is hostile to tech's future. DemocratSinceBirth Jun 2017 #1

I think some of it has to do with how overpriced tech has gotten. still_one Jun 2017 #2

There is a bubble. AND FB/Twitter/Google will face political blowback sharedvalues Jun 2017 #3

GE fired Jeff Immelt Johnny2X2X Jun 2017 #4

DemocratSinceBirth

(99,710 posts)

1. Because the Luddite In Chief is hostile to tech's future.

Reply to still_one (Original post)

Mon Jun 12, 2017, 09:54 AM

Jun 2017

He knows he can't restore manufacturing to its heyday so he wants to destroy tech.

still_one

(92,225 posts)

2. I think some of it has to do with how overpriced tech has gotten.

Reply to DemocratSinceBirth (Reply #1)

Mon Jun 12, 2017, 09:56 AM

Jun 2017

sharedvalues

(6,916 posts)

3. There is a bubble. AND FB/Twitter/Google will face political blowback

Reply to still_one (Reply #2)

Mon Jun 12, 2017, 10:02 AM

Jun 2017

When the full scale of the worldwide (UK-Brexit, US, France, Germany) Russian disinformation campaign is publicly discussed, FB/Twitter/Google are going to face serious criticism.

If I were an optimist I'd say the market is pricing in that risk right now. Which means smart people think it's likely the Russian disinformation campaign is going to be blown wide open.

Johnny2X2X

(19,067 posts)

4. GE fired Jeff Immelt

Reply to still_one (Original post)

Mon Jun 12, 2017, 10:04 AM

Jun 2017

Also going to have ripples. GE has been under performing for years. And Immelt's tenure was terrible for share holders.

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