Are We Headed For A Stock Market Crash? Buzzfeed Going Public? | #AskPhilip
Are We Headed For A Stock Market Crash? Buzzfeed Going Public? | #AskPhilip – Review
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#AskPhilip is our weekly segment where our entrepreneur and real estate expert Philip Michael answers your questions on real estate investing for beginners, how to be an entrepreneur, and everything in between.
0:00 Is The US Economy Headed For A Mega Market Crash?
3:36 What Are Your Thoughts On Dogecoin?
5:59 What Do You Think About The Robinhood IPO?
8:40 Thoughts On Buzzfeed IPO?
Is The US Economy Headed For A Mega Market Crash?
Didn’t we just have a stock market crash? What about what happened to the middle class in 2020? It is interesting to note that despite everything that has happened, the stock market is at a mega high and people like Elon Musk and Jeff Bezos only got richer. So what we’re looking at here is evidence for inflation in the US economy.
Eventually, someone is going to have to pay for the money in circulation, the rise in prices, etc. These are indications of inflation, and at some point there will be a correction. It might be a bubble burst, but we don’t know. It could be a mega market crash, but we don’t know.
What Are Your Thoughts On Dogecoin?
Could Dogecoin hit $1? Sure. Is there any indication that Dogecoin is going to go anywhere? Any evidence? It’s hard to tell. So that leaves only hype…which sounds similar to what we’ve been seeing with pump and dump schemes. Crypto is volatile, and it might be worth something eventually but for now it’s nothing more than penny stocks.
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