Attention Economy


Saturday, January 4, 2025

The Stock Market Valuation Debate

The strength of America’s stock market is becoming a source of anxiety
https://www.telegraph.co.uk/business/2025/01/09/strength-america-stock-market-becoming-source-anxiety/
The odds of another good year for investors in the US are not bad but they are probably getting worse.


The Stock Market Just Did Something It Hasn't Done Since the Dot-Com Bubble in 1998. Here's What Could Happen in 2025.
https://www.fool.com/investing/2025/01/04/the-stock-market-did-the-dot-com-1998-happen-2025/
The S&P 500 delivered a total return (including dividends) of 25% in 2024, which followed a gain of 26% in 2023.
The index only delivered back-to-back annual returns of at least 25% on one other occasion since it was established in 1957. It soared by 33% in 1997 and then by 29% in 1998, fueled by the dot-com internet bubble, which drove technology stocks to astonishing valuations.

Wall Street has racked up blockbuster returns. 2025 could change everything
https://www.cnn.com/2025/01/03/investing/stock-market-2025/index.html  

 
Tesla’s Car Business Isn’t Really in the Driver’s Seat
https://www.wsj.com/business/autos/tesla-stock-share-prices-declining-car-sales-eadad14a
The majority of EV maker’s market cap rides on hope for robotaxis, robots and AI, but the stock is now at a sharp premium even compared with other tech titans.
 
The Delusion of The Tesla Robotaxi and Its Excessive Valuation
https://seekingalpha.com/article/4745343-delusion-of-tesla-robotaxi-and-excessive-valuation