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bear market is here, like it or not v2
Investor summaryBearish
Author claims a bear market has arrived due to scarce liquidity, citing SoftBank's rejected $6B loan backed by OpenAI stake and a pump to SpaceX IPO.
Bear points
- Liquidity is becoming scarce, making it hard for companies to raise money.
- SoftBank's attempt to secure a $6B loan using its OpenAI stake as collateral was rejected, signaling tightening credit.
- The recent stock market rally was merely a pump to facilitate the SpaceX IPO, not backed by real fundamentals.
Post body
They had us in the first half not gonna lie, my first post bottom ticked the dip, but, not this time!
All these companies need money, we have a new top tick, now backed by fundamentals:
Softbank attempted to get a $6B loan (to keep funding OpenAI) using its 13% stake in OpenAI as collateral, a stake they claim is worth $100B (valuing OpenAI at \~$770B).
The loan was rejected.
We have managed pumped the stock market to the SpaceX IPO, but bear market is here now, money, all of sudden, became a scarce resource.
Time to face the reality, the bull is dead!
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