{"id":60220,"date":"2021-11-02T06:36:05","date_gmt":"2021-11-02T11:36:05","guid":{"rendered":"https:\/\/olduvai.ca\/?p=60220"},"modified":"2021-11-02T06:36:05","modified_gmt":"2021-11-02T11:36:05","slug":"why-we-could-be-staring-down-the-barrel-of-a-catastrophic-nasdaq-crash-and-not-even-know-it","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=60220","title":{"rendered":"Why We Could Be Staring Down The Barrel of A Catastrophic NASDAQ Crash And Not Even Know It"},"content":{"rendered":"<div class=\"post-header\">\n<h3 class=\"post-title long unpublished\"><a href=\"https:\/\/quoththeraven.substack.com\/p\/why-we-could-be-staring-down-the\">Why We Could Be Staring Down The Barrel of A Catastrophic NASDAQ Crash And Not Even Know It<\/a><\/h3>\n<p class=\"subtitle\"><strong>Covid. Gamma. Options. Is it any wonder we haven&#8217;t noticed that we are teetering on the edge just yet?<\/strong><\/p>\n<\/div>\n<div class=\"available-content\">\n<div class=\"body markup\">\n<p>It would certainly take a special confluence of factors for us to be staring down the barrel of a an unprecedented crash in tech stocks without noticing it\u2019s coming. But I\u2019m starting to entertain the idea that that is\u00a0<em>exactly<\/em>\u00a0where we are, we may not know how much pain we are truly in for &#8211; and we might not fathom how quickly it could come on and surprise us.<\/p>\n<p>For a little while now my friend on Twitter\u00a0<a href=\"https:\/\/twitter.com\/rosemontseneca\" rel=\"\">@rosemontseneca<\/a>\u00a0has been quietly pontificating that we are living 1999 all over again, we just don&#8217;t notice it yet. I&#8217;m starting to seriously agree with him and I have been thinking to myself over the past week:\u00a0<em>\u201cWhy aren\u2019t other people making this comparison yet? Stocks are extremely overvalued. What\u2019s \u2018different this time\u2019?\u201d<\/em><\/p>\n<p>Indeed, I believe the next crash is going to come as a breakneck-style surprise. If I had a chance to publish this piece before Halloween, I was going to make the analogy of somebody sneaking in the back door of the house and waiting around the corner in the kitchen to hack us to death when we went to make our \u201cstoned-in-our-underwear at 2AM\u201d bologna sandwich. But instead I wound up going with the gun analogy for the title because I was too lazy to get this article out in the month of October.<\/p>\n<div class=\"captioned-image-container\">\n<figure><a class=\"image-link image2 image2-563-1002\" href=\"https:\/\/cdn.substack.com\/image\/fetch\/f_auto,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F70d95130-0431-4e8c-9dc6-a0fce285da8e_1002x563.jpeg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" title=\"Halloween Kills&amp;#39; Review: A Nostalgic Mix Tape Of Previous Michael Myers  Sequels\" src=\"https:\/\/cdn.substack.com\/image\/fetch\/w_1456,c_limit,f_auto,q_auto:good,fl_progressive:steep\/https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F70d95130-0431-4e8c-9dc6-a0fce285da8e_1002x563.jpeg\" alt=\"Halloween Kills&amp;#39; Review: A Nostalgic Mix Tape Of Previous Michael Myers  Sequels\" width=\"1002\" height=\"563\" data-attrs=\"{&quot;src&quot;:&quot;https:\/\/bucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com\/public\/images\/70d95130-0431-4e8c-9dc6-a0fce285da8e_1002x563.jpeg&quot;,&quot;height&quot;:563,&quot;width&quot;:1002,&quot;resizeWidth&quot;:null,&quot;bytes&quot;:null,&quot;alt&quot;:&quot;Halloween Kills&amp;#39; Review: A Nostalgic Mix Tape Of Previous Michael Myers  Sequels&quot;,&quot;title&quot;:null,&quot;type&quot;:null,&quot;href&quot;:null}\" \/><\/a><figcaption class=\"image-caption\">&#8220;Bologna sandwich, anyone?\u201d \/ Photo: Halloween Kills<\/figcaption><\/figure>\n<\/div>\n<p>But analogies aside,\u00a0 the point is still the same: the next big market plunge could be any day now, and will likely be led by tech. Let me explain my reasoning.<\/p>\n<p>\u2026click on the above link to read the rest of the article\u2026<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Why We Could Be Staring Down The Barrel of A Catastrophic NASDAQ Crash And Not Even Know It Covid. Gamma. Options. Is it any wonder we haven&#8217;t noticed that we are teetering on the edge just yet? It would certainly take a special confluence of factors for us to be staring down the barrel of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[1849,32068,500,501,4919,20223,12252],"class_list":["post-60220","post","type-post","status-publish","format-standard","hentry","category-economics","tag-financial-markets","tag-fringe-finance","tag-market-collapse","tag-market-crash","tag-nasdaq","tag-quoth-the-raven","tag-tech-stocks"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/60220","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=60220"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/60220\/revisions"}],"predecessor-version":[{"id":60221,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/60220\/revisions\/60221"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}