Based on neowave analysis, it looks like the stock market is reaching the end of a 20 YEAR (!) corrective pattern. Wave-e of F is currently underway and could take a couple years to complete, meaning the next few years may be choppy, but overall with the quick response of monetary and fiscal policy to any financial shocks we'll likely see wave-e skewing upwards, and then ultimately when it finishes we will begin the largest, fastest stock market bull run in history which could take the Dow to around 1 million dollars in 2040!
This will mark the beginning of a new inflationary cycle throughout all of the markets, where people will actively seek to hold any assets other than fiat currency which is increasingly being perceived as being devalued. The stock market bull run will be built on the backs of both blockchain and AI. Companies will begin holding cryptocurrencies on their balance sheets which will allow their stockholders to profit from the increase in alpha that crypto assets provide, and they will also begin using smart contracts to automate and decentralize certain market functions. We'll also see a massive increase in AI and robotics that reduces the cost of labor for many companies dramatically.
The tokenization of stocks will also remove restrictions that make it hard for people in foreign countries to trade foreign stocks, or sometimes even their own domestic stocks if the traders are unbanked. This will allow new money to flow into the US stock market from around the world and help push stocks further upwards.
We won't see it immediately, but the long-term downstream effect of all this monetary easing and printing over the last 20 years, is that prices 20 years from now are going to be dramatically higher than they are now. CPI Inflation will probably rise above 2% for a few years as the FED has increased their target for inflation to make up for the low levels of inflation we've experience during this deflationary cycle. Things like healthcare, education, and housing will cost dramatically more than they do today, basically excluding all but a small financial elite, except that the government will end up paying for it for everyone and will probably implement UBI as well. Food and energy prices could triple or more. Wages will increase somewhat to keep up with this but it won't be enough for many people. If you're not investing your money now you are looking at a not so great future. If you do invest your money this is going to be extremely profitable for you, especially if you invest into fundamentally sound cryptos.
It may take the Dow Jones 20 years to reach 1 million from 30k, but Bitcoin could do it in 1-2 years.
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