The Stock Market is Telling You That Megacap Stocks Will Return 100%+ Per Year

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by Chris Black

Apple will be a $10 trillion company, Nvidia will easily hit $4 trillion, Amazon at $5 trillion.

Valuations and the underlying business conditions do not matter.

All that matters is the return.

Algos don’t understand that stock A=X is insane.

They are programmed to generate returns.

As long as cash exists, printed into existence, buybacks will continue and these insane jumps in marketcap will happen.

The boards all know this, so they keep authorizing buybacks in combination with new shares in repeating patterns.

See also  Market optimism on inflation 'misleading'; Bond erosion accelerating; Druckenmiller is now shorting Treasury bonds with 20% of his Duquesne Family Office’s portfolio.

The stock market is a game.

It isn’t real and no longer follows any economic rules.

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