SNSN schreef op 26 juni 2013 15:40:
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It looks like you are out of business for some time, patrick....
Financial markets (at ATH) are “decoupled” from the economy (which is down) for a long time.... - actually markets grow mainly on Fed. “life-support”.....
Current situation is not standard – it’s a bit up-side-down: the lower economy growth – the longer QEs will stay – the high markets may rise...
But, if the economy shows stronger growth – then “life-support” may be turned off earlier, and markets should fall, as they are overvalued and do not correspond to the state of real economy....
So, even if it’s ridiculous - "the less economies grow - the higher markets may go..."