Not exactly bearish is it?
That's why I keep comparing the current situation to 1995 vs those that think it's a giant bubble a la 1999.
I rarely make predictions, so hopefully me zeroing in on AGI (Artificial General Intelligence) being the reason for this monster rally did not fall on deaf ears.
AGI is absolutely the biggest feedback loop in human history.
In other words, as you throw money at AGI, it keeps generating a return...which allows you to invest in more AGI...which generates more money...which allows you to invest in more AGI.
This feedback loop will go all the way to superintelligence within just a few years: we're talking 2028-2029.
The singularity was supposed to be around 2040. Looks like it's coming early.
While it may sound hyperbolic, I've read some good papers on how GDP could grow at 30%-100% annually for a number of years.
The investing public has no idea this is coming.
They will say that stocks like Nvidia are wayyyy over-priced.
Call me crazy, but as I war-gamed our current situation, I see NVDA as becoming the most valuable company in the world.
At the end of the day though, I know I'm not smarter than the markets.
That's why I'll be taking the trade signals vs buy and hope for the best.
Hopefully I've made my point: Valuations are going to get more and more insane so you better get used to the idea of buying stocks and ETFs where the price is in the upper right corner for extended periods of time...
...and if you've been putting off getting started with anything related to trading: Now is the time. This may be your final chance at striking it rich. Earning 4.8% at your broker to stay in cash will likely be a huge mistake in hindsight.
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