The GDP growth is only around 1 percent in the main countries. Interest rates cannot go lower in the US and Europe. Bonds can only get a few points higher and are now trading sideways. The US third quarter results and outlook so far for the SP500 companies is worse than expected. The employment situation is bad.
Precious metals and oil are hardly moving. There is no place that can give the long term investors more than small profits. Business and people cannot borrow and many have huge debts. The total debt in the world is stunning and I see no way to get it lower. Instead the debt for countries are growing.
Against this black background the stock markets cannot rise. Most money is in bonds and more and more institutions are trying to sell stocks but there are few buyers. The stock markets are moving only because of day trading speculators using enormous computers. These computers are fighting each other to earn money so the markets are just a gambling place. The enormous population around the world involved in one way or the other in this gambling has nothing to do with how the world economy as a whole perform.
This is the sad back ground which feed the doom and gloom sayers which are fighting the established stock market population who make a living in the aftermath of a bull market that started 1974 with DOW at 560 and is now dying.
The media is telling the people the wrong reasons for the world markets fall. Only the technical analyzing can see where we really are going but people read the papers and watch the brain washing TV programs about reasons that has nothing to do with how the big markets will move. Small details are made big in all media but these have nothing to do with where the stock market really are heading. I have seen this daily for 30 years. If you want to know where your investments are going you should skip the media and concentrate on your charts.
Precious metals and oil are hardly moving. There is no place that can give the long term investors more than small profits. Business and people cannot borrow and many have huge debts. The total debt in the world is stunning and I see no way to get it lower. Instead the debt for countries are growing.
Against this black background the stock markets cannot rise. Most money is in bonds and more and more institutions are trying to sell stocks but there are few buyers. The stock markets are moving only because of day trading speculators using enormous computers. These computers are fighting each other to earn money so the markets are just a gambling place. The enormous population around the world involved in one way or the other in this gambling has nothing to do with how the world economy as a whole perform.
This is the sad back ground which feed the doom and gloom sayers which are fighting the established stock market population who make a living in the aftermath of a bull market that started 1974 with DOW at 560 and is now dying.
The media is telling the people the wrong reasons for the world markets fall. Only the technical analyzing can see where we really are going but people read the papers and watch the brain washing TV programs about reasons that has nothing to do with how the big markets will move. Small details are made big in all media but these have nothing to do with where the stock market really are heading. I have seen this daily for 30 years. If you want to know where your investments are going you should skip the media and concentrate on your charts.
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