What is a trillion? It’s hard to comprehend, but the blockbuster IPO for Space X made it a multi trillion-dollar company in a day and it made Elon Musk a trillionaire.
But as he plots his path to Mars, will his company, and the A-I companies, bring investors the returns they expect? Or are we back in the late 90’s and “irrational exuberance”?
That, and how the Fed will operate under its new chair is part of our discussion in this edition of The Bull, The Bear, and You.