MM102: J.P. Morgan's $1trl target & why good data is bad news for stocks!
Market Maker
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The One Twelfth of the Market Cap
This was a headline earlier in the week, right? And like all good headlines, they get attention and they get clicked on. This actually came from a Morgan Stanley equity analyst who came out with this piece. She said that it would reach a trillion bucks in 12 years time. But then her range is the earliest it might happen is by 2030,. Her base case is 12 years. So 2035, that's a hell of a long time.
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