In this part, I look at HSBC’s analysis of whether equities are overvalued if stagnant and explain my view.
In the world of finance, you hear a lot of sayings and superstitions. I even heard someone say “buy Apple shares” once. But there’s one old adage that might actually have some substance.
Part 2 takes us through the birth of central banks to the virtual-money society we have today.
The existence of cash can easily be taken for granted. But it’s time to realise its role is changing and, as a global society, we should adapt to a situation which has been evolving for some time.
In Mid-August Thailand’s National Economic and Social Development Board published GDP figures for the 2nd quarter of 2016 – and they were impressive.