Said on Aug 25, 2026, at 10:54 in the video.
“Fidelity thinks that this is just the very beginning and the markets will continue going higher because of AI.”Recorded as markets, a word for a group: this call is judged on SPY, the stand-in the method assigns to it.
SPY closing prices, adjusted for splits. The shaded span is the one-year window: it starts at the first close after the video went public and ends at the last close on or before one year after the day the video was published.
Attributed to Fidelity — not scored
definitely not in a bubble, but according to Fidelity, there are some red flags to be made aware of that if they start flashing, we should be concerned. And those red flags are, in order, companies burning through cash where they spend more than they make, businesses each owning a piece of each other to the point where if one falls, they all fall, debt levels are growing out of proportion to profits, AI is hitting a limit in terms of how much energy it uses, literally capping growth, and higher borrowing costs, which lower profits. In fact, Fidelity thinks that this is just the very beginning and the markets will continue going higher because of AI. The way they see it, professional services companies and industrial firms, health care, and utility companies will be able to use it to scale. But even with all of that said, in terms of what the data says is actually most likely going to happen next, here's what's pretty surprising. And it all has to do with future returns. Personally, I am a huge fan of looking at the data because statistically, this is probably the most accurate. And when you look at the numbers, yes, we are historically high. But Ben Carlson points out that the last 30
What a person said is shown in their own words and is never translated. The link goes to the exact second in the video.
Graham StephanSPYwill outperform
“Instead, just invest the difference in the S&P 500. And over the long term, over the next 20 years, you're going to have so much more money than what you would have put in the property.”
Sep 9, 2026 · after 1 year
Andrei JikhSPYwill fall
“However, before the United States returns to the big print, the markets can continue going down.”
Aug 5, 2026 · after 90 days
Graham Stephan, relaying Morgan Stanley: SPY will rise
“On top of that, Morgan Stanley also believes 500 is going to rise this year, ending at 7,800. Citibank sees 7,700, and both JP Morgan and Wells Fargo see a relatively flat market for these next few months.”
Jul 27, 2026
Graham Stephan, relaying Goldman Sachs: SPY will rise
“Goldman Sachs just raised their year-end S&P 500 target to 8,000, up from 7,600, which implies solid upside from where we are today.”
Jul 27, 2026
Graham StephanSPYwill fall
“Historically, when the savings rate reaches an absolute low like this, the stock market tends to suffer in the years following. Now, I'm not saying that's a guarantee, but it's something at least worth considering.”
Jun 25, 2026 · after 90 days
Andrei JikhSPYwill rise
“I think that's one of the main reasons why the stock market could be going up because the market is betting that they're going to pick devaluing the dollar and saving the bond market is the only way out.”
May 15, 2026 · after 90 days
