Re: S&P Dax Mib.. trading ¶
By: hobi50 on Sabato 22 Giugno 2019 09:44
https://www.ft.com/content/fa0f3b2e-935e-11e9-b7ea-60e35ef678d2
Questo articolo avrei potuto scriverlo io ...anni fa.
"It’s also a testament to the legacy of QE, where the repression of interest rates and financial market volatility has distorted capital allocation and investment behaviour."
" Encouraging money to flow into speculative investments has not delivered a sustained economic recovery; rather a financial system replete with higher levels of debt and one that cannot tolerate even a modest rise in borrowing costs, while bolstering the ranks of zombie companies ".
"“The world needs higher nominal growth to bring down global leverage. It needs inflation and it may get it if fiscal policy starts to dominate monetary policy"( questa è quella che io ho chiamato la mia scaletta prossima ventura ).
Hobi