US cyclically adjusted price-earnings ratio on S&P composite
>>59666479Final trump rally incoming
>>59666479but what if.. it can go higher?
>>59666491The current hype is AI. But AI destroys middle class spending rapidly. It's inherently bearish, because the wealth transfer to the 1% requires countless industries to focus all economic activity on these 1%, a radical adaptation that takes time. No one needs offices by 2030, privately owned cars will become rare, all these house mortgages default, school and education will be worthless.
ACK
