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But we saved everything 🙂.
John Cochrane speculates about the impact of a potential Space X IPO on technology stock prices. He raises the question of whether an initial public offering by Space X, combined with major index fund inflows, could significantly drive up valuations within the sector.
Cochrane uses the metaphor of sending prices to Mars to emphasize the potentially dramatic effect of such market developments.
Cochrane has previously argued that a one-time unfunded fiscal expansion was a key driver of recent inflation, pointing to Switzerland for comparison. In another analysis, he suggested that a price level target can help strengthen inflation expectations after periods of deflation. These comments add context to his views on market responses to major policy and corporate events.