Sign in     Like us on Facebook Follow us on Twitter Watch us on YouTube

News and Blog

Join 5000 other sharemarket traders for regular blog updates!

Browse to a category

Blog Search

Its not the economy stupid….its price

I am regularly send odds and sods by various peanuts (usually economists) telling me what the market should and shouldn’t be doing. Unfortunately, they are making a fundamental flaw – the stockmarket is not the economy. The stockmarket is a pricing mechanism based upon the aspirations and perceptions of populations and these populations are not rational and never have been. This is why concepts such as the Efficient Market Hypothesis are rubbish.

All that matters is the trajectory of price and prices at present are heading up.

email

Speak Your Mind

*

General Advice Warning

The Trading Game Pty Ltd (ACN: 099 576 253) is an AFSL holder (Licence no: 468163). This information is correct at the time of publishing and may not be reproduced without formal permission. It is of a general nature and does not take into account your objectives, financial situation or needs. Before acting on any of the information you should consider its appropriateness, having regard to your own objectives, financial situation and needs.

email