Daily Charts - Sometimes the Technology wins, but investors lose
1.Sometimes the Technology wins, but investors lose...
Key case study here -- railway stocks showed a ton of promise and helped investors build a lot of wealth in the first half of the 1800's, but it was pretty much a one-way track (sorry) thereafter!
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2.Big Bulls
Stockmarket "Euphoriameter" reached a new all-time high!
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3.Where do stockmarket returns come from?
If you split the components or drivers of total returns into dividends vs earnings vs valuations, it's quickly clear to see where structural vs cyclical returns come from...
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