Most periods of excessive booms end with speculative busts. The dotcom bust of 2000 produced a recession so did the housing bust of 2008. Today's poster child seems to be bitcoin. Just as the internet was here to stay back in 2000 so is block chain technology today. However crypto currencies are trading at levels suggesting they could become reserve currencies of the world replacing the dollar and that implies a reset on short order. It's never different and always the same:
LKQ (NASDAQ:LKQ) Hits New 1-Year Low Following Weak Earnings
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LKQ Co. (NASDAQ:LKQ – Get Free Report)’s stock price hit a new 52-week low
during mid-day trading on Wednesday following a weaker than expected
earnings an...
13 minutes ago