Market cap != economic driver.
Market cap !!= economic drive either.
Re:This Tech Bubble Is Bursting
by jeanduluoz on Monday May 02, 2016 @03:10PM
(#11614521)
How do you think that normalized interest rates will affect your prediction?
Re:This Tech Bubble Is Bursting
by StanislavPetrov on Monday May 02, 2016 @09:10PM
(#11617109)
That depends on what you consider "normalized rates". There's a very good argument to be made that ~0% (if not less) is the new "normalized rate", given the massive debt bubbles that saturate every segment of the economy, both public and private.
https://eresearch.fidelity.com/eresearch/markets_sectors/sec...
Tech. is second only to finance. Given finance is going through it's own troubles, fully expect tech to take over the top sector of the economy in the next five years.