Keep pulling the thread on Dow Jones Industrial Average.
Dell's stock price increased by as much as 8% after President Trump encouraged Americans to buy Dell computers.
As of July 7th, SpaceX is officially included in the Nasdaq 100 index.
Nasdaq implemented new fast-track rules for index inclusion that cut the required trading history to 15 days and eliminated float requirements.
Michael Green believes the inclusion of SpaceX in the Nasdaq 100 is a manipulative move to create liquidity for company insiders to sell their shares.
The inclusion of SpaceX in the Nasdaq 100 is expected to cause tens of billions of dollars to flow into the company's stock.
Michael Green's research suggests that passive investing strategies are increasing the S&P 500's value by nearly 18% per year.
Approximately $1 trillion is currently flowing into index funds, while a similar amount is leaving discretionary active management.
According to Michael Green, three-quarters of SpaceX's expected value is tied to its unprofitable and lagging AI business, XAI.
Michael Green predicts that more privately held companies will go public under manipulated conditions similar to SpaceX, leading to a repeat of the late 1990s IPO boom.
In the US, there have been months where price growth has outpaced wage growth, resulting in a real wage cut for workers.
As of July 7th, SpaceX's performance will influence over $1.4 trillion in assets benchmarked to the Nasdaq 100 index.
Nasdaq's new fast-track rules for index inclusion reduced the required trading history for a company to 15 days and eliminated float requirements.