Dont be fooled and taken in by the Media posting figures on how bad the economy is
and conversely why stock are so overvalued at present.
Stock markets are still 20% off their highs of Feb 2020. They are not hitting highs by any means.
They get their analysis wrong most of the time OR they have an agenda.
They are just frustrated and are holding large amounts of cash, which they, eventually, will
have to invest.
Analysts will try to fool investors with historical and present data, but they always
fail to mention that Stocks valuation is a discounting mechanism.
Shares are valued on future earnings (6-12 months time or more) and on what the economy will be in 6-12 months
(or more) time.
Dont be fooled.
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