Re:Does Market Timing Work?
by wolverine876 on Sunday October 08, 2023 @11:38AM
(#37811409)
Then why didn't the markets go up in Japan and Europe (per the GP)? Also, why do the US (and maybe other) securities markets increase when the underlying economy is performing poorly?
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Differences between countries, cultures and people do exist. These differences will manifest themselves as variations in productivity, ultimately leading to unequal growth rates.
US companies provide the most valuable services and products by a long shot.
>Then why didn't the markets go up in Japan and Europe
Population aging and growth uncertainty is a big guess on my part.
https://www.imf.org/en/News/Articles/2020/02/10/na021020-jap...
The US is highly dependant on massive amount of immigration to maintain demand. Couple that with a few other things, such as the petrodollar, and you have the US behaving in an odd manner that I don't believe will last forever.
What is “the markets” for you? If you mean the stocks in in indexes you’re right, but that’s not the whole market.