Obviously if it keeps going down, that’s bad. But it looks like it’s at a support level and still much, much higher than it was 5 years ago. (Using SP500 as a proxy for the market at large)
In: Economics
Because the global economy is hyper-focused on growth.
Once upon a time, you could invest in a company that would pay a reasonable dividend to shareholders and people would be happy with that.
Today the investor class is only happy when share prices increase. Many would rather invest in a company that’s never actually turned a profit but has positive buzz and share prices on the increase than a company that’s boring but profitable. (This has probably been true since the dotcom boom.)
Latest Answers