XJO 0.08% 8,103.2 s&p/asx 200

I am always fancinated why Brazil's stock index is in 40,000,...

  1. 3,731 Posts.
    I am always fancinated why Brazil's stock index is in 40,000, while we only have 3500. Well, I decide to take a look.

    If I tell you the Brazil Stock Index is less than 24 in May 1993, you won't believe me. But it is true, and so is 2000%+ times infalation in 1993-94, and share makret up 1000%+.

    Well, if all central banks are doing what Brazil has done during 1980-1990s, you may have to throw away all hard work, and trashed your life long saving.

    I would like to say the stock market bottom will be set in this year. The inflation will take care of everything else.

    Be prepared, the hyperinflation will inflate everything, including share price.

    Last Tuesday's surge in response to Fed's $300b+$750b money printing is a kind of warning.


 
watchlist Created with Sketch. Add XJO (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.