Key insights
- The author expresses strong bullish sentiment on the US stock market, particularly the Nasdaq, driven by AI and passive investing. They believe the market is resilient to negative economic indicators and geopolitical events, suggesting the Fed will intervene to prevent significant declines. The author predicts the S&P 500 will reach 8300 by year-end, implying further upside potential.
Nasdaq is up 18percent in a single month. That is a shocking sign. Many will be bearish about this alone, but we’re all aware of how corrupt the stock market really is. This could rally even further beyond rational expectations. Many would’ve said it already had been euphoric.
The US stock market is so incredibly resilient and its irrationality can continue for even years! It’s impossible to disrupt. Tariffs,war,oil,energy,gold,silver,bonds. Nearly every sign of a major economic crisis has been testing the stock market. Passive investing has become too common for the US stock market to experience any significant declines.
Oil jumped 100percent YTD Most countries that are allies now have a more unfavourable view of the US for the first time in history. But this stock market driven by AI seems unbreakable. The impression I’m getting is the US will print however much money is needed to make AI successful, certainly it feels like stocks will not fall. We have many companies like OpenAI, Anthropic,X IPO near the end of 2026.
Congratulations to those who held your investments through this conflict with Iran. The US stock market is genuinely unstoppable, every correction is bought without hesitation,passive investing has changed the stock market permanently and forever. I don’t think even the Fed will allow stocks to fall/crash without intervention.
What are your year end predictions for the S&p500? I’m thinking 8300