4 ms·
I wouldn't be surprised if most of the money was coming from people's savings books. With zero interest rates, the next best thing to store one's savings is an
by konschubert 10y ago
I wouldn't be surprised if most of the money was coming from people's savings books. With zero interest rates, the next best thing to store one's savings is an ETF.
I feel like the increase in stock prices in the recent years is caused by this demand, not by an increase in productivity. The sinking ROI of dividend-driven stocks is an indicator for that.
- virmundi 10y agoIt's not just the proletariat's savings. It's eveyone's. Some places have negative rates. You pay the bank. This means that money had to go some where. We have it in the market. As a result smart people and dumb people like me have waited for the market to adjust down 25% or more. I lost 2k on a market short ETN. Given the amount of money just looking for a home the market has no where else to go but up until that money stops.
- deleted 10y ago[deleted]