> The stock market has grown significantly while demand for energy has widely declined in the last five months. Every energy long bet has been a disaster.

The stock market isn't backward looking, or even short term future looking. Note that someone only watching the S&P 500 would know that the coronavirus broke out in early March but probably think the situation had been completely resolved by August. We can't be sure what the stock market thinks it is seeing (or if it is right for that matter).

And if energy bets didn't turn out well, notice that that correlates to the US losing its position as the world's largest economy. China invested a bunch in energy and now have a noticeably bigger economy [0].

> Economic growth may not be able to continue indefinitely, it’s inconclusive, your computers can create more economic value with declining watts even if you can’t.

This growth isn't going to involve more people because they need food and isn't going to involve more stuff because that needs energy. It'll be a very abstract form of growth.

[0] https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)

The stock market is not the economy, and even how it is correlated to accounting reality is debatable.

Asset inflation is not economic growth.

(Though the two are very often confused.)

Stock markets occasionally move in directions other than up.