is this a bear trap?, page-10

  1. kennethgalbraith
    14,167 Posts.
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    13/10/10
    16:45
    Post #: 7323604
    actually Faber could be wrong about assets only growing at nominal GDP
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    the australian stockmarket has grown about 8% over 28 years
    but GDP growth from 1998 to 2010 has ranged from 4% to 1%

    He could be right about a big jump in share growth say in the vicinity of 18% which I think we had from 2002 to 2010

    we should have known that was unsustainable
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    lightbulb Created with Sketch.  Great analysis
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