Post by Noah Smith: Interesting thread about how monopoly power affects stock valuations: - Upcarta

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Noah Smith @NoahSmith · May 2, 2022

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Interesting thread about how monopoly power affects stock valuations:

Tweet May 2, 2022

DOW 10,000 If market power of the dominant firms were eliminated, the Dow Jones index would fall below 10,000 If market power didn’t increase, the Dow Jones index would grow at the rate of GDP growth (+/-2%) 1/10

by Jan Eeckhout

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