...in two years time the Dow, FTSE100, and Nikkei indices all being up 5%? I was asked this today and frankly I have no idea on what the long term views currently are. What do you think?
...in two years time the Dow, FTSE100, and Nikkei indices all being up 5%? I was asked this today and frankly I have no idea on what the long term views currently are. What do you think?
In two years, Dow -30%, FTSE - 20% and Nikkei -10% (I trade none of these!). But I trade commodities, and I see an inflation bubble building in the OECD economies which will lead to a "stagflationary" (showinfg my age) typr situation in the major economies. The reason that Japan is relatively protected is that it has the soon to be be world's biggest consumer on its doorstep, and is geared, despite its reliance on raw material imports, to service consuming economies (because the US rebuilt it that way!)
