Exponential Growth | Definition, Formula & Examples

Luke Davis on Instagram: "Rate cuts don’t seem to be affecting crypto. The reason is purely mechanical. When rates drop, future cash flows get discounted at lower rates, which makes earnings-generating assets mathematically more valuable today. Apple earns $100 billion annually, and that stream of cash flows is worth more when the discount rate is 3% versus 5%. It’s not sentiment or narrative, it’s just present value calculation. This is why stocks can rally even when recession fears are rising,