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The art of economics consists in looking not merely at the immediate hut at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups—Henry Hazlitt

Showing posts with label Shanghai composite. Show all posts
Showing posts with label Shanghai composite. Show all posts
Monday, October 07, 2024

Important Insights from the Philippine PSEi 30’s Melt-Up!

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  Investors believe in Keynesianism.  They believe that increased government spending will make us all richer.    This illusion is what is d...
Monday, March 14, 2022

An Oil Shock is Not Favorable to the Stock Market; PSEi 30 Violates the BSP’s 2020 Trend line!

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  Thinking can never quite catch up with reality; reality is always richer than our comprehension. Reality has the power to surprise thinkin...
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