Daily Archives: February 17, 2021

The Stock Market Is Too Easy – This Should Concern You

With markets approaching the one-year anniversary of their pre-Covid-highs, it might seem surprising that the MSCI All Countries World index, the benchmark most used by global funds, is hitting new all-time highs.   Thanks to unprecedented monetary and fiscal stimulus by the world’s central banks, markets have recovered sharply from last year’s depths of despair even though unemployment is high, inflation is making a comeback and earnings for a large part of the economy have been wiped out. (To read more on why the markets are at a record high, read my post on the subject here). In this market everyone seems to be making money. That market appears to […]