For more than three decades, my grasp of economic and business fundamentals, demographics, and cycles has allowed me to empower my readers… to let them see ahead of the curve and prepare for booms and busts in the economy, the business cycle, and stock markets long before their peers.
Then something happened that I never believed could happen…
In 2008, when the economic winter season began to take its toll, central banks stepped up and printed trillions upon trillions of dollars.
Because of the deflationary cycle we should have been experiencing since 2008, their efforts have had a muted effect on the economy. For all the cash they’ve injected into the system, a 2% growth on average is pathetic.
But their efforts have had an outsized impact on the stock market, creating the most unpredictable and dangerous situation for investors that I’ve ever seen.
I mean, markets are totally unhooked from fundamentals.
Stock prices aren’t rising because of the underlying companies’ performance.
They’re not going up because people are spending that much more money or because the economy is booming stronger than ever.
So why are they increasing? Because of the something-for-nothing environment that central banks have created.
I explain this in more detail in my latest video and then discuss what I think we could see next:
Harry Dent takes a look back at what we saw play out in 2017… and a looks ahead to what 2018 will have in store for the markets, currencies and industries across the board. Read more… https://economyandmarkets.com/markets/gold/6-reasons-bet-u-s-dollar-2018/
Posted by Economy and Markets on Saturday, January 6, 2018
DISCLAIMER: This article expresses my own ideas and opinions. Any information I have shared are from sources that I believe to be reliable and accurate. I did not receive any financial compensation in writing this post, nor do I own any shares in any company I’ve mentioned. I encourage any reader to do their own diligent research first before making any investment decisions.
Virginia adult-use cannabis law goes into effect on July 1st
Virginia has recently legalized the use of cannabis. Two amendments to the cannabis bills SB 1406 and HB 2312 were...
Open finance bridges the gap between debit and credit: Finerio
The lack of publication of the secondary rules delays the adoption of this model contemplated in the Fintech law. The...
AI could reduce greenhouse gas emissions by 10% in ten years
A Boston Consulting Group survey explains that applying AI to processes with the highest consumption works even after just one...
The demand on the futures markets influenced by speculative selling
Rice was a little lower on Friday and for the week on what appeared to be speculative selling tied to...
Burkina Faso: Japan grants $6.5 million for access to health, education for the most vulnerable children
The grants follow a partnership signed between the Government of Japan, the Japan International Cooperation Agency (JICA) and UNICEF Burkina...
Cannabis6 days ago
UN fears imperfect decriminalization of cannabis in Mexico
Business6 days ago
Gold vs. Bitcoin: The 21st Century Debate
Crowdfunding6 days ago
Profit Farm prepares the third round of capital increase and two new campaigns
Featured6 days ago
The fintech company Unifiedpost boosts its growth prospects