The tweet was deleted by the author.
But we saved everything 🙂.
Dave Collum, professor and financial commentator at Cornell University (Emeritus), questions when financial markets were last genuinely undervalued.
His remarks highlight ongoing concerns about current valuations and whether markets have experienced significant discounts in recent years.
Collum has previously cautioned that SpaceX and artificial intelligence IPOs could indicate a market peak, citing risk of a potential top in the cycle in a recent analysis. He has compared the AI sector with the dot-com era, noting the larger scale of capital expenditures and distinct funding patterns in a separate report. His recent statements continue a pattern of raising concerns over persistent high valuations.