This article is slightly ridiculous. Traditionally it's been a good thing when lots of companies IPO, and the article acknowledges that in the 3rd paragraph, and then spends the rest of the article trying to convince you that it's actually a bad thing and the financial apocalypse is nigh.
I'm not quite sure what's a better explanation: news media have discovered that fear is the only thing that generates clickthroughs, or writers in the news media are themselves afraid (because the Internet has commoditized their profession) and are passing that fear on to readers. Either way, seeing articles like this is one of the few things that makes me think that maybe the current bull run has a while to go.
Comments
This article is slightly ridiculous. Traditionally it's been a good thing when lots of companies IPO, and the article acknowledges that in the 3rd paragraph, and then spends the rest of the article trying to convince you that it's actually a bad thing and the financial apocalypse is nigh.
I'm not quite sure what's a better explanation: news media have discovered that fear is the only thing that generates clickthroughs, or writers in the news media are themselves afraid (because the Internet has commoditized their profession) and are passing that fear on to readers. Either way, seeing articles like this is one of the few things that makes me think that maybe the current bull run has a while to go.