Key insights
- The author argues that several factors, including the unresolved energy crisis, persistent inflation, unpredictable US leadership, the decline of value investing, and the overhyped AI sector, point towards negative market growth in the future. The author suggests that the current upward trend of the S&P 500 is unsustainable and anticipates a market correction.
Below are my reasons why 2026 should be a year of negative growth ?
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The overall oil and energy crisis not solved and won’t be done in 3/4 months. Inflation is guaranteed a global issue this year which will hamper job market. No rate cut expected soon.
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US leadership unpredictable manipulative behaviour is visible to almost all.
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Value investing is down, SAAS is repricing Mkt Cap with AI fear.
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AI is still far behind doing real concrete business. Right now all fancy projects and anecdotal stories.
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AI infra is pulling a lot of liquidity, market is frenzy selecting from memories, photonics, land, electric, network, etc.
On top of all of this S&P is upward. Is it not waiting for a crash?