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S&P 6,000, Elon wins, replacing gensler, remembering Mac McQuown with Robin Wigglesworth

The Compound and Friends

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Fed Rate Cuts and Market Resilience

This chapter explores the implications of a recent Fed meeting that led to a rate cut, coinciding with the S&P 500 hitting 6,000. It discusses the historical growth of the stock market, the emergence of trillion-dollar companies, and the evolving perceptions of company valuations in the current economic landscape.

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