A bold call: “Hedge fund manager Eric Jackson has made a bold prediction regarding Nvidia’s stock performance, forecasting that it will reach $250 per share by the end of the year. This projection implies a potential upside of over 100% from its current trading levels, positioning Nvidia to achieve a remarkable $6 trillion valuation”.
At a personal level, I am keeping money as I posit that once Donald Trump wins that markets will re-align. Yes, by Q2 2025, I expect a market correction. The US energy sector will recalibrate. Also, the defense sector will pause because the flames of wars will fade. I wrote last month:
“It turns out to be an illusion: the stock market does well when the world seems to be at peace. Check the major stock markets in the world, they’re hitting new highs. Good People, we can make an argument that during crises (not full blown wars), the world goes Keynesian where we spend, spend and spend. And as that happens, companies make tons of money.”
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But who knows…they can invent an AI that can help your bank account balance double weekly while you are at a beach playing Double Weekly Alpha! Why not? SoftBank CEO said they will make AI systems that would be smarter by 10,000X than humans. I think such an AI can begin by freeing us from the bondage of work – and money! Indeed, we cannot even imagine the possibilities since it would be 10,000 times smarter than us.
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