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Bernardo de La Paz

(52,619 posts)
6. It's said to be because of Nvidia and DeepSeek, but I think that is rationalization
Mon Jan 27, 2025, 06:17 AM
Jan 27

I think the stock market is ripe for a fall, been expecting it, but of course one never knows when or what will trigger it. Stock markets get ready to fall and then a trigger could be anything. I've been expecting a fall because I think markets have been dreaming "gilded age" coming and reality will catch up to them at some point that tRump tariffs and immigration clampdown are bad for business.

On 27 January 2025, Chinese startup DeepSeek's AI Assistant has recently surpassed ChatGPT as the highest-rated free app on the U.S. App Store, sparking discussions about the effectiveness of U.S. export restrictions on advanced AI chips to China. The DeepSeek-V3 model, which uses Nvidia's H800 chips, is gaining recognition for its competitive performance, challenging the global dominance of U.S. AI models.[18]

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