In my next life I’m going to stock-market analyst. These are those people that explain to the common people, which is why stocks rise and why they fall. Truly a chocolate Job. Because always reasons to find this was the case, Upward or downward trend make it plausible. You can never go wrong, because what is really the cause for the UPS and downs, can not with certainty say.
Today we are experiencing once again Amazing: The economic forecasts might be gloomy, and yet the stocks show courses only in one direction – upwards. They have since the low about two-thirds of the loss of jurisdiction to catch up on.
Why is this euphoria in otherwise bleak Outlook? I said it. Nothing could be easier. The answer is complex emergency.
Certainly: a state of emergency like in the present time, cynical sound for this luxury problem. I didn’t invented. The word says that there are in addition to shares, there are hardly any Alternatives for investing money profitably. In normal times, bonds are one such Alternative. However, because of the low interest rates they are uninteresting. Although real estate there. But also concrete gold is due to low interest rates, extremely expensive.
of Course, I could give other reasons to explain the rising rates. For example, that the stockbrokers are not quite as pessimistic as three months ago that the Lockdown has been previously loosened as expected, that a second Corona wave will provoke is not unlikely, but with a safety limit of the probability is hardly a new Lockdown that the Central banks drove with the purchase of securities, the prices high. Everything is correct, or at least not be refuted.
And the share prices would continue to the year’s low of 23. In March, I wouldn’t stress the stock market analysts also: I would refer you to the murky economic Outlook, which could melt the corporate profits and dividends then. But I could point out equally well on the trading war of the USA with the Chinese, or the sky high towers of debt. All plausible reasons to cause to the stock markets, a quake.
finally, The brilliant physicist Albert Einstein looks for a new assistant.
His question to the first candidate: “What you have for an IQ?” Answer: “200.”
What Einstein replied: “Because we could philosophize together.”
question to the second: “your IQ, please?”
answer: “100.” Einstein: “We can go to the Theater together.”
question to the third party: “IQ?” Answer: “50.” Blatantly Einstein asks: “What is the stock market?”