Menu
Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.
Why should I use sharewise

Not Just a Pretty Face

The realization, that the longest bull market in history is more than simply a monetary liquidity phenomenon, struck me while I was looking for correlations between various ratios (in this case, the


The realization, that the longest bull market in history is more than simply a monetary liquidity phenomenon, struck me while I was looking for correlations between various ratios (in this case, the tech:financial ratio) and the SPX.

… notice in the chart below how closely technology has tracked the SPX, while financials have done their own thing for most of the bull market. This makes us consider the possibility that this 10-year (so far) bull market has not been just about monetary policy. It has been about investors making bets on the future of our economy; technological knowledge. It supports what Alvin Toffler predicted more than 40-years ago, that the knowledge economy, not manufacturing, would be the future economy of the 1st world.

As long as liquidity is available, investors will continue to fund the growing knowledge economy, and as long as that is happening, the bull market has fundamental reasons to keep going.

Now we need infrastructure spending on …education, healthcare, communication, etc….so the populace can participate in, and help grow the new knowledge economy.

ANG Traders

Join us at www.angtraders.com


Source Nicholas Gomez

Like: 0
Share

Comments

You may not comment on this article as you either did not confirm your account yet or were blocked. If you think this is a mistake please contact us. Show more