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Stock impact report

Nasdaq Up By 60% Since Liberation Day Selloff And By 100% In 3 Years - People Are Just Having Fun [Seeking Alpha]

Allbirds, Inc. - Class A (BIRD) 
Company Research Source: Seeking Alpha
Since May 1, 2023, in less than three years, the Nasdaq Composite has doubled; it gained 100%, despite the Liberation Day trough in between. During the dot-com bubble, the distinction for those stocks involved faded entirely. Then the Nasdaq Composite collapsed by 78% from March 2000 to October 2002, and thousands of companies vanished. hapabapa/iStock Editorial via Getty Images While the Nasdaq gained 100%, the economy grew by 15%, not adjusted for inflation. Who needs cryptos when stocks are so much fun. The Nasdaq Composite Index jumped 1.5% on Friday, wrapping up its 13th consecutive This article was written by Quick Insights Nasdaq gained 100% in under three years, while nominal US GDP grew only 15%, indicating a significant disconnect between market performance and economic fundamentals. Market behavior is characterized by speculative, gambling-like attitudes, with investors chasing rapid gains regardless of underlying fundamentals, as seen in both equities and Show less Read more
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