Dinner tonight with somebody who thinks he’s a great market guru. Said it’s mad Dow passed 30,000 in current circumstances. I said no. Equity prices reflect future not past. 2021 will be a great rebound. I’m optimistic. UK stocks especially underpriced.
Inflation has been around the corner for a decade. It's not happening any time soon.
-
-
Well, we disagree about that. The more money is printed and handed out the less value it will have. Let’s see what happens in 2021, if I’m wrong(which I prefer) I’ll stand corrected.
-
Broad money supply is what matters here, the West has been trying to avoid deflationary spiral since the crash. Hence we've printed £600bln and very little inflation.
Einde van gesprek
Nieuw gesprek -
Het laden lijkt wat langer te duren.
Twitter is mogelijk overbelast of ondervindt een tijdelijke onderbreking. Probeer het opnieuw of bekijk de Twitter-status voor meer informatie.