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Peter Thiel dumps entire Nvidia stake, slashes Tesla holdings amid bubble fears (www.investing.com)

submitted 1 day ago by return2ozma@lemmy.world to c/technology@lemmy.world

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[–] AFaithfulNihilist@lemmy.world 9 points 22 hours ago (1 children)

collapsed inline media

From what I can tell, it looks like there are a lot of loans out right now, the rate at which they are issued has increased since the beginning of the Trump presidency has increased dramatically, and this is like really bad because If those loans don't get paid back then pillars start collapsing underneath the financial system. Lose too many of those and the whole thing comes crashing down.

This one graph doesn't represent all of the bad that is going on, it's just a sort of a weathervane to tell you which way the wind is blowing. ...and right now it's blowing where the sun don't shine.

[–] sugar_in_your_tea@sh.itjust.works 1 points 14 hours ago

So, short the financial sector. Got it.