Courtesy of Slope’s biggest companies page, here are the members of the trillion dollar club (with Tesla applying for re-entry). Add them all up, multiply by three, and you can pay off the national debt!
![](https://slopeofhope.com/wp-content/uploads/2023/06/tril-640x240.png)
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Courtesy of Slope’s biggest companies page, here are the members of the trillion dollar club (with Tesla applying for re-entry). Add them all up, multiply by three, and you can pay off the national debt!
Even if you’ve never touched crypto, don’t disregard its breakdown. My view is that this diminishment will find its way into equities in short order, as it has so many times in the past.
For decades, Japan was a value trap. That changed in March when the Tokyo Stock Exchange launched a plan to unlock value in Japanese stocks. Companies trade at discounts to their net cash in many cases and have for years, but that’s changing. PDF: Action to Implement Management that is Conscious of Cost of Capitaland Stock Price
Now that the TSE wants companies to focus on cost of capital and capital efficiency, the long nightmare of value investors in Japan may finally be over, and the charts look good too.
First is the Nikkei. I see a massive 40-year base. In context with where I see the U.S. market, I expect a pullback that forms the handle rather than a runaway breakthrough.
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