Is there a new trend line on the horizon for the S&P 500 and the market overall? I compare different trend lines including what I guess to be ultra bears like Peter Schiff & Jeremy Grantham's trend line.
If we are entering the 4th industrial revolution, that people like Cathie Wood & Klaus Schwab are talking about, I think we should expect a new trend line to appear. One that is a step change in the ongoing growth of the overall market compared to the old trend line of ~7.5% More time is needed to see what the new trend will ultimately be, but it seems obvious that growth has accelerated in recent time with more companies than ever growing revenue at rates higher than 40%, 50%, 60%, and even 100% a year.