The Nasdaq 100 is my bellwether for the health of global stock markets and most especially US technology shares, which dominate this index. Since 1985, when this index was created, there has been a technology revolution led by the US and its famed Silicon Valley in California. This revolution has been reflected in the performance of the index, which has risen over 100-fold since the low point in 1986.
Conclusion number one is that US technology shares have already proved themselves as the greatest investments in the history of capitalism.
Conclusion number two; this revolution is not only ongoing but accelerating. In investment terms we could hardly be living through a more exciting time. This is a moment to have faith and bet big on this revolution continuing.
