Market Talk – September 19, 2024
ASIA: The major Asian stock markets had a green day today: • NIKKEI 225 increased 775.16 points or 2.13% to 37,155.33 • Shanghai increased 18.74 points or 0.69% to 2,736.02 [...]
Flight from Public to Private
QUESTION: Hi. Martin. I have read your blog for many years and I’m blown away about how much I have learned Question can you help explain how the European stock markets Like the day have risen to over 12000. With European interest rates falling.
SH
ANSWER: Capital is beginning to move already. Europe is closing in and hunting taxes. The chaos of Brexit and punishing Britain rather than addressing the economic problems has really doomed Europe.
As you can see, the peak in the PE ratio took place at the LOW in 2009, not the high. When you enter these periods of uncertainty, interest rates, dividends, and expectations of profits no longer mean anything. The primary objective is to park money in a safe place where you get it back. Banks are questionable with bail-in policies and negative interest rates. Now even gold is being targeted. Where else to go but equities?
Latest Posts
Australia Prioritizing the Creation of a Wholesale CBDC
Speech by Brad Jones, Assistant Governor (Financial System), at the Intersekt Conference in Melbourne – ‘Financial Innovation and the Future of CBDC in Australia’: https://t.co/zuYTeslJhZ pic.twitter.com/3ndAbgjepq — Reserve Bank of [...]
Supplemental Poverty Measure on the Rise
The latest Supplemental Poverty Measure (SPM) found that at 12.9% of American households currently rely on government assistance, up from 12.4% one year prior. The figure was at 11.8% in [...]
Who Wants War – Raise Your Hand!
They say we live in a Democracy. That is the biggest lie and the first told to us by our Republican forms of government. Even the Pledge of Allegiance says, [...]
