Free Republic 3rd Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $11,308
13%  
Woo hoo!! And now only $32 to reach 14%!! Thank you all very much!! God bless.

Keyword: webistics

Brevity: Headers | « Text »
  • AI mania is worse than 1999's tech bubble, Apollo's top economist warns

    07/18/2025 11:02:45 AM PDT · by lasereye · 45 replies
    Yahoo Finance ^ | July 18, 2025 | Francisco Velasquez
    A top Wall Street economist is sounding the alarm on sky-high valuations in AI stocks — and drawing comparisons to the tech bubble of the late 1990s. "Yes, AI will do incredible things for all of us," Torsten Sløk, chief economist at Apollo Global Management, said on Yahoo Finance's Opening Bid. "But does that mean I should be buying tech companies at any valuation?" According to Sløk, the answer is increasingly no. In a research note to clients this week, he pointed to internal data showing the price-to-earnings ratios (P/E) of the 10 largest companies in the S&P 500 —...