High growth scenario and medium growth scenario (Graph 2). I feel like an idiot asking - aren't we missing some, or at least one, scenario? Is "medium growth" for the next 4 years really the worst people can think of?
Debt presumes future growth.
At this point anything less than "medium growth" will crash the economy. We'll have bigger problems if that happens (think 2000 or 2008)
[1] a broad and poorly defined group of "we" - typically investors and tech-bro types.
Earnings did come, and the outcome of the internet include Google, Amazon, and others -- several of the ten biggest companies in the world.
In 2000, there was no sane way to predict who the success stories versus failures would be, timeliness, or otherwise.
AI will be a big change. We don't know how big, when, or who the losers and winners will be yet. Everything could be grossly overvalued or undervalued. We'll only know in hindsight.