@@johndoe1.196 both are huge self loathing leftists. Look at Eriks decade long ego response to being wrong about bitcoin. Men accept their flaws and grow. Baby boys thrash and throw a fit.
1-there is a massive difference between Tories' and Labour programmes 2- there is no timeline in the accord between the US and KSA wrt the crude pricing in USD Guy's clueless
I found the analysis of the percentage stock market rise vs American gdp a bit lacking, as it didn't consider change in international earning potential of the biggest us stocks. My gut is that some but not all of the delta is explained by this
GDP is what has been added. Not what is already there, left from the multiple previous periods. The latter could grow even if the former lags but surpass what has been used. On the personal level a net worth increases if only income beats expenses. Stock prices reflect the accumulated part so in theory their “to GDP ratio” could increase indefinitely. With no other data it is impossible to say anything about the valuation.
Very good insights. The stock market is profoundly distorted and broken, like almost everything else these days (real estate market, politics, real economy, and on and on). We've gone through the looking glass and living in this very weird, non-functioning world.
Lmao a leftist. Totally discredited himself. "I'm afraid of the far right" ok bud.
And climate change, "immigration has made UK richer" absolute moron. SNP voter I imagine.
"Far right", meaning anyone who's not a communist.
Thank you Erik and Patrick
this guy is such a democrat leftists... stick to the Economics. I like your show because you don't have this kind of hardcore political bias.
If you glance between the lines Erik's political leanings are obvious.
@@johndoe1.196 both are huge self loathing leftists. Look at Eriks decade long ego response to being wrong about bitcoin. Men accept their flaws and grow. Baby boys thrash and throw a fit.
numero uno
Voting Machines, Absolutely Who better than Bill Blain to explain the European & UK markets? No one. I must say that I love his quiet wisdom.
Now I understand why hedgies underperform the indeces so much, they really aren't that smart, like that guy
1-there is a massive difference between Tories' and Labour programmes
2- there is no timeline in the accord between the US and KSA wrt the crude pricing in USD
Guy's clueless
50 dollars a year? Living in 1750?
Old Chinese will be Soilent Green before their taken care of.
Rolls Royce RYCEY.
Great aerospace, defense & power company. Not in the car industry anymore.
I found the analysis of the percentage stock market rise vs American gdp a bit lacking, as it didn't consider change in international earning potential of the biggest us stocks. My gut is that some but not all of the delta is explained by this
The guest's analysis is incorrect. There is zero correlation between a country's long term GDP growth and stock market returns.
GDP is what has been added. Not what is already there, left from the multiple previous periods. The latter could grow even if the former lags but surpass what has been used. On the personal level a net worth increases if only income beats expenses. Stock prices reflect the accumulated part so in theory their “to GDP ratio” could increase indefinitely. With no other data it is impossible to say anything about the valuation.
Very good insights. The stock market is profoundly distorted and broken, like almost everything else these days (real estate market, politics, real economy, and on and on). We've gone through the looking glass and living in this very weird, non-functioning world.