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Mike Bird, reporter at The Wall Street Journal, draws a parallel between the recent momentum in tech stocks and the rapid spread of infectious diseases following a cruise with a recirculating air system.
The observation highlights perceived market dynamics reminiscent of sudden, exponential surges seen in epidemiology.
In earlier coverage, Mike Bird highlighted that Vice Media's valuation in 2017 reached twice the market capitalisation of the New York Times. He has also noted that bull markets can lead to aggressive use of leverage among investors. These observations frame Bird’s ongoing attention to rapid changes and risk-taking in markets.