Bio-Techne Corporation is a holding company for biotechnology and clinical diagnostic brands. It was founded in 1976 as Techne Corporation and changed its name to Bio-Techne in 2014.
China not getting cheap oil from Iran and a high dollar combined with these big tech companies draining liquidity from the market is really gonna slow down momentum I think. Even with oil crashing.
Momentum slowed a lot after the Google share offering.
Be careful.
Not saying be a bear. Just be careful that momentum might not be there
Not yet, reality about rates is that they used to cut into the bottom line of companies holding debt but today’s concentration allows for all the emphasis to sit with the top tech companies that are not impacted by the price of debt because it seems like regardless of what’s happening in the rest of the economy, those companies continue to grow and basically just eat up everything else. Market don’t care about the 90% of people, it cares about the 90% of wealth which are held by the top 10% of people who have never been better given the inflationary nature of prices in the recent years and massive deficits to fuel growth.
American global dominance is built on our financial markets and technology advantage. We will lose the technology advantage as a matter of probability thanks to Chinese colleges and graduate programs catching up to the USA in quality but with a larger population base. As a matter of simply having more scientists China will have more useful breakthroughs.
Ai could change that by making current wealth into future breakthrough odds. If we scale ai into super intelligence first then we retain the advantage in future breakthrough odds.
Course all that is useless without some way to turn ai breakthroughs into national prosperity as you point out. The jury is out on how we’re going to do that, but between the intel stake that 🥭 got and the bill from 🔥⏳ for the public to take a 50% stake in frontier labs and tech giants, it’s looking like we’re leaning towards a sovereign wealth fund.
It's funny how all the top answers are from perma-bulls answering on behalf of bears.
I think the tech market is inflated. I think tech companies are using accounting fuckery to make their numbers look better. I think the Fed is gonna raise rates. I think the K shaped economy will crumble from the bottom up; who pays for the software if people can't afford rent, etc? I think the government will have to raise taxes to reduce the debt.
A 10% correction has historically happened once per year on average. 20% or more once every few years. We are overdue for the latter and conditions are ripe for one. So I wouldn't start investing into to highly speculative growth stocks until I see something at that level because they're all already crowded.
I'm ok underperforming. What's a few percentage points of underperformance when compared to the risk of buying at the top? Gen Z and younger literally have never seen a crash or bear market. You think a few months red from COVID is bad? I graduated in 2007 and the crisis that followed lasted *years*.
Perhaps ignorance is bliss. Maybe I'm wrong. Time will tell.