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I don't believe that there is a lot of confidence in Europe now. In fact shortly after the war I have been advised to sell all European stocks because European

I don't believe that there is a lot of confidence in Europe now. In fact shortly after the war I have been advised to sell all European stocks because European company will be impacted by an energy shortage. At the same time I was advised against purchasing USA stocks since they were over evaluated but now instead the Down Jones ( but not the Nasdaq ) has changed evaluation to interesting. And yes Canada is interesting as well.

incomingpain 4y ago
>I don't believe that there is a lot of confidence in Europe now. More than the USA. Let that sink in. > In fact shortly after the war I have been advised to sell all European stocks because European company will be impacted by an energy shortage. At the same time I was advised against purchasing USA stocks since they were over evaluated but now instead the Down Jones ( but not the Nasdaq ) has changed evaluation to interesting. And yes Canada is interesting as well. Certainly a common and obvious assessment, so don't get me wrong, but this is shallow investing advice in my opinion. Europe might be having blackouts of nowhere near enough power and shedding load isn't even effective at getting people online. Your utility company is going to shifts where you only get so much power between these hours. At least people do have power sometimes. If you're say Michelin and you're having the worst energy problems and maybe aren't prioritized or anything. You put to your team to get us up and running. Buying from stores might be an option, but you may have to go to literal raw resources. Process silicon, make your own really low yield solar panels. Thousands of employees working on this and they can solve the problem of no power. Just because you're doing X right now doesn't mean you can't do Y tommorrow. If your business can shift this well and become a solar panel producer from scratch could make you very wealthy. Europe's energy problems aren't unsolvable. It's actually just a matter of time someone mass produces enough solar panels in a size enough to power the continent with batteries. In fact, that's the point of business. Your mission is say 'deliver tires' and you solve the problems in front of you. If energy scarcity is the problem, there's multiple ways to solve this problem. Whereas the overpriced US market? That's not fixable by work or money.

incomingpain 4y ago

>I don't believe that there is a lot of confidence in Europe now. More than the USA. Let that sink in. > In fact shortly after the war I have been advised to sell all European stocks because European company will be impacted by an energy shortage. At the same time I was advised against purchasing USA stocks since they were over evaluated but now instead the Down Jones ( but not the Nasdaq ) has changed evaluation to interesting. And yes Canada is interesting as well. Certainly a common and obvious assessment, so don't get me wrong, but this is shallow investing advice in my opinion. Europe might be having blackouts of nowhere near enough power and shedding load isn't even effective at getting people online. Your utility company is going to shifts where you only get so much power between these hours. At least people do have power sometimes. If you're say Michelin and you're having the worst energy problems and maybe aren't prioritized or anything. You put to your team to get us up and running. Buying from stores might be an option, but you may have to go to literal raw resources. Process silicon, make your own really low yield solar panels. Thousands of employees working on this and they can solve the problem of no power. Just because you're doing X right now doesn't mean you can't do Y tommorrow. If your business can shift this well and become a solar panel producer from scratch could make you very wealthy. Europe's energy problems aren't unsolvable. It's actually just a matter of time someone mass produces enough solar panels in a size enough to power the continent with batteries. In fact, that's the point of business. Your mission is say 'deliver tires' and you solve the problems in front of you. If energy scarcity is the problem, there's multiple ways to solve this problem. Whereas the overpriced US market? That's not fixable by work or money.