There will be no bursting bubble, just a deflating balloon of high growth tech stock valuations returning to normal as factors that inflated them go away
Spoiler: the “Bubble” was a Balloon. And it's deflating. — Note: The below all seems fairly obvious, but given the amount …
Every year since the dotcom crash, some pundit declares this is the year the bubble pops. The problem with the predictions has been unlike the early 2000s, FAAMNG & SaaS companies actually make a ton of money and are profitable. However things changed. https://500ish.com/...
The combination of more wealth pouring into unprofitable private companies each year and COVID distorting returns of tech companies has caused an inflation similar to a balloon. And like a balloon it'll deflate and return to the mean instead of pop. FAAMNG aren't going broke.