When a Trillion Became Cheap
When a Trillion Became Cheap — Avocado Report ๐ฅ Avocado Report Markets & Money · Opinion Market Commentary · June 2026 When a Trillion Became Cheap On markets, milestones, and the strange death of a number's meaning ๐
June 7, 2026 ⏱ 9 min read ๐ Markets & Wealth There is a Chinese phrase — ็ฝ่ไปท — that translates roughly as "cabbage price." It describes something so cheap it has lost all dignity. It is the price of the ordinary, the mundane, the disposable. It is not a phrase anyone ever expected to apply to one trillion dollars. And yet, here we are. I · The milestone that moved the world Apple's Trillion Was a Monument Cast your mind back to August 2018. Apple became the first private-sector company in history to sustainably reach a $1 trillion market capitalization. It was treated, rightly, as a civilizational event. Tim Cook had spent years meticulously execut...