Irrational Exuberance On Overdrive

The market is exhibiting extreme 'irrational exuberance,' with record margin debt, bullish sentiment, and minimal insider buying. Tech giants like Alphabet (GOOG) have shifted from asset-light, high free cash flow models to heavy capex, negative free cash flow, and large debt issuance.

Source: Seeking Alpha

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Category General

Source Seeking Alpha

Published 1 month ago

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News ID #5,337

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