Forget random quotes - page 65

 

Here is a link to the topic. Here is a quote from the article:

"Entrepreneurial" and "corporate" capitalism

The problem of "unemployment" in its present form, from the point of view of the classical mythology of capitalism, is a kind of nonsense. If there are no jobs, then start your own business: you will provide work for yourself and a few others, and if things go well, so will a lot of people. However, in reality the number of spheres, in which one can play startup with a share of hope for success, is dramatically decreasing every year. All markets, however promising, are being rapidly "eaten away" by big companies, pushing "small" companies to the periphery, to the margins and, ultimately, to oblivion. And this is not because the big ones are more effective than the small ones - on the contrary, all big companies suffer from internal inefficiency, corruption and unwieldy structures, which are compensated by the economies of scale. Which is all the more significant the more assets acquire the status of collateral value, i.e. they allow the attraction of almost unlimited resources from the financial market. This can be seen even in the estimated value of the businesses themselves - let's say you can sell a cheburetza in the city for, at best, two "ebitda" (gross annual income). (gross annual income), but some Norilsk Nickel is worth all of seven. And not because it's more efficient, but because it's bigger: these days, it's not so much about profits as it is about turnover. In fact, corporate "dinosaurs" are simply forcing "warm-blooded" people out of their ecological niches, increasing the inefficiency of the economy as a whole. But,as is easy to see, the ultimate beneficiary of the system is not even the dinosaurs themselves, but those who enable them to capture markets - the financial institutions.

 

Interesting article on the topic.

Is it possible to make long term macroeconomic forecasts?

Files:
bigigame.zip  40 kb
 
Mathemat:

A strange conclusion. In December around Christmas time, the market flies like scalds on small volumes ("thin") and sometimes even billions of dollars of volume cannot be moved. I am not versed in this kitchen, this is just someone else's speculation based on option volumes.

You could fall into the primitivism of the docent's model, in which price follows a gamma distribution function.

A "fair" market is one in which there is no future information at any point.

That's what he said... I'd have to think about how to verify that.


Calendar of events, seasons, etc. Without goals, the market has no future. And billions not only move, but also keep levels flat. Goals.
 

Unexpectedly there is an article on the topic of this thread.

Modern quotations have nothing to do with the "supply-demand" formula. We are going exactly the way of the film "The Matrix".

 
faa1947:

Unexpectedly there is an article on the topic of the topic.

Modern quotations have nothing to do with the "supply-demand" formula. We are going exactly the way of the film "The Matrix".

And what does the randomness of quotes and the law of supply and demand have to do with it?

The law is always enforced. The Fed prints dollars, it increases the supply of dollars, the dollar falls, exchange rates, stock indices, bond yields, prices of safe haven assets (the same gold) rise.

Today's quotes are the result of the law of supply and demand.

P.S. You have a tendency to substitute simple things with conspiracies

 
Demi:

What does the randomness of quotes and the law of supply and demand have to do with it?

The law is always observed. The Fed prints dollars, it increases the supply of dollars, the dollar falls, currencies, stock indices, bond yields, and the price of safe haven assets (gold) go up.

Today's quotes are the result of the law of supply and demand.

P.S. you have a tendency to substitute simple things for conspiracies

When I wrote my comment I was referring to the next part of the article:

The result of this "progress" is the so-called "inverted logic". It is based on the principle that the harder the economy recovers, the longer the period of printing presses and handing out cheap liquidity will last. First and foremost, the supplier of the main market drivers of the created system - the United States of America. Conversely, any positive developments in the real economy (good macroeconomic statistics and the like) are perceived by investors as negative.

For instance, at the moment the market participants' expectations are more and more switched to the forthcoming exit of the Fed from the dollar-printing programme called QE3 (which in principle should signal economic recovery). The formula "the better for the economy, the worse for the market" provokes more negative expectations. As a result, currencies, stock indices, bond yields and prices of safe-haven assets (e.g. gold) have moved, which suggests that global investors are overestimating risks on a large scale.

Note: it is not the growth or decline in yields of major food and feed crops, not production activity, not the discovery of new energy deposits, but off-farm factors and manipulation that cause this large-scale reassessment of risks.

 
faa1947:

Note: It is not increases or decreases in yields of major food and feed crops, not production activity, not the discovery of new energy deposits, but off-farm factors and manipulation that cause this massive reassessment of risks.


The afftar is a person who does not understand the essence of economic processes:

1. no significant new energy deposits (real, not potential) have been discovered.

2. The yield of food and feed crops always has an impact on e.g. the SP500, but only to the extent that the index includes agricultural companies

3. Production activity always has its effect on the financial markets, but it rarely fluctuates in a very large and unpredictable way.

etc.

The bottom line is that the winding down of the dollar printing programme reduces the supply of US dollars in the market. According to the law of supply and demand, lower supply raises the price of dollars.

All assets quoted in dollars fall in value - the denominator of the fraction rises.

And vice versa.

Everything is clearly according to the law of supply and demand.

 

Hm, recently watched a funny video by Demura about economics-enorastics)) . The issues discussed above were touched on. It's an interesting perspective. I recommend it if you have the time.

 
DYN:

Hm, recently watched a funny video by Demura about economics-enorastics)) . The issues discussed above were touched on. It's an interesting perspective. I recommend it if you have the time.

Used to have more respect. Total inexperienced. Goes around knocking dough off the patsies....

 
What he can do, he can do)))))