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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 liquidity driven markets. Show all posts
Showing posts with label liquidity driven markets. Show all posts
Monday, February 21, 2022

Reopening Growth? The PSE’s EPS Low-Base Effect Illusion; Buffett Indicator Soars in 2021! PSE Volume Echoes Bank Liquidity Conditions

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  The virtuous cycle of credit turns into a vicious cycle of unproductive debt when we incentivize malinvestment and prevent technology subs...
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