Take a look at the front page of today's Wall Street Journal on.wsj.com/3i9T0Tf
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We're supposed to feel bad that the wealthy didn't make 14% on their investments this year? Let's hope it tanks another 50% over the next few years! I bet beans taste the same on my paper plate as they taste on your bone china!
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While Middle-East-Europe will crash economically if the peace is not coming #UKRAINERUSSIANWAR. (Not to speak of the flooding blood of the Ukrainians...)
Thanks to foreign war policy of USA #JoeBiden and the corrupt European Commission #UrsulavonderLeyen. (NOT ELECTED!)
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What it shows is that negative interest rates can only be a shor-term phenomen, unless generated by market interventions, as demonstrated by the FED and the ECB. Therefore, WACCs and discount rates were artificially low. Equity prices adjusted to higher cost of capital
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