Maltbie's Minute n the Market S&P 500 Target 10,000

Singular Research President Robert Maltbie makes the case for 10,000 for the S&P 500
KEYS to THE MARKET
New bull market AI driven seems like 1994-5 revisited. IMO
S&P 500 10,000 Target by 2030
AI related revenues $2-3T by 2030
Market has priced in 3% long term inflation
AI will have disinflationary impact
S&P 500 and MAG 7 undervalued on historical PEG ratio basis
focus on forward growth not trailing PE ratio of market