Many people are afraid that the U.S. stock market is rising too much because they only see the stock prices, not the underlying productivity revolution. Why can humans land on space? Because energy, industry, chips, computing, organizational capabilities, and capital markets advance together, and today AI is the same. The rise of the U.S. stock market is not just a string of numbers, but humanity turning the impossible into infrastructure. Do not fear the prices; what you should truly revere is the era.

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