Re:Apple becomes first U.S. company to reach a $2T market cap
by Tiktaalik on Wednesday August 19, 2020 @02:11PM
(#24213826)
It's as the parent says: TINA. It's not that Apple isn't risky, but that everything else feels more risky.
Casino stocks, more risky. Cruiselines, more risky.
The money has to flow somewhere.
I mean it's not just tech that's not risky. There's some other equities out there too which seem to be concensus safe havens by investors. Eg. Lululemon, Home Depot.
This is why we're seeing big interest in some sectors of real estate too. money is cheap and big chunks of the economy seem risky. Why not invest in something else. Also risky, but TINA!
Casino stocks, more risky. Cruiselines, more risky.
The money has to flow somewhere.
I mean it's not just tech that's not risky. There's some other equities out there too which seem to be concensus safe havens by investors. Eg. Lululemon, Home Depot.
This is why we're seeing big interest in some sectors of real estate too. money is cheap and big chunks of the economy seem risky. Why not invest in something else. Also risky, but TINA!