there's an element of that, but there is still a floor. the companies themselves have value from physical tangible things (their patents, machines/equipment/real estate) and their revenue. More on reddit.com

International stocks did very well the first quarter of this year but the last 6 months, domestic stocks have performed better especially tech etfs, SMH, FTEC, VGT. More on reddit.com

2 months from now: "Where are the optimists who crowed about all time highs, now that the market is falling like a rock?" The back and forth between these two camps is tiresome. The assumption that we're a small group of a dozen people with anything like uniform opinions is misguided. There are nearly 700 thousand people in this sub. It only takes a tiny handful of panicky people to make you think everyone has lost their mind. If everyone made one post in their entire lifetime here we'd have enough content for a dozen posts a day for 160 years. 100 people posting once a day could overwhelm the posting from all 700k others. Fact is there are a medium sized city worth of people sitting on the sidelines not talking, and you'll get people coming here when it suits them and later not visiting the sub when it suits them. It's not that they are hiding or some kind of conspiracy. There are just a lot of people here and people post only when their emotions are high, and you're inferring some big changes in the community based on how 0.01% of us are posting or not posting. More on reddit.com