Warum gibt es etwas und nicht nichts? (Why is there something rather than nothing?) - Leibniz

Wednesday, April 22, 2009

'Swhat I think...

At some point the equity market will start moving higher and keep going, to fantastic levels perhaps, if a serious inflation sets in. The stock markets in the Weimar Republic were spectacular, if one ignored the reality behind the appearance. We think it is far too early in the game for this, but are keeping an open mind to all possibilities.

- Jesse

But before then, I think we have a date with Mr Stockmarket Crunch. I just don't know when that date is.


AntiCitizenOne said...

It's what the yield is that counts, not the cost.

i.e. P/E should remain roughly* constant.

* Depending on whether companies can pass inflation on.

Sackerson said...

Good asterisk - will ours be able to?

James Higham said...

Why do economic analysts always ignore the agenda from Europe?

Sackerson said...

I don't. I want us out. But even then, who will be run by? Does democracy work?