Are Investors “Too Much in the Sun”?
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 Published On Apr 26, 2024

“Not so my Lord; I am too much in the sun.”
-Hamlet Act 1, Scene 2

Q: Things did not go well for Hamlet after that, but what lessons can investors learn from Hamlet?
A: Investors should take heed regarding overpriced buying frenzies. The Dutch Tulip Bulb market bubble in the 1600s, The Dot-Com Boom in the late 90s, Overvalued Technology stocks in 2000, & Bank Stocks in 2008 are just a few examples of what overpriced frenzied buying in financial markets can lead to.

Q: Interesting quote of the week on inflation from who?
A: "If the state does not spend more than it collects and does not issue (money), there is no inflation. This is not magic," the self-described "anarcho-capitalist" said. That was this week’s quote from controversial Argentinian President Javier Milei. This week, Argentina announced a quarterly budget surplus of $309 Million, the first government surplus since 2008 while currently in Argentina “annual inflation stands at 290 percent year-on-year, poverty levels have reached 60 percent and wage-earners have lost a fifth of their purchasing power”.

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