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" ... Going forward, Siegel still expects stocks to outdistance everything else, albeit at a somewhat lower rate, 5% to 6%. And owing to all the government stimulus of late, he looks for a temporary bump up in inflation to a bit above 3%. If you’re a stock investor, though, that shouldn’t faze you, he said, adding “stocks are really good as a moderate inflation hedge.” ... "
" ... That’s a critical advantage. The quality of autonomous driving software depends in large part on the test cases that feed each developer’s deep learning AI engines. More miles enable more learning, and could help Tesla’s software outdistance its competitors. ... "
" ... · Low interest rates and inflation invariably create rising price-earnings ratios for growth stocks. For me, Alibaba and Facebook have hearts as big as Secretariat’s and will outdistance the pack. ... "