Financial Engineering – The Global Economic Growth Model Exposed.
The modern model for economic growth has changed. No longer do investors rely on good old fashion fundamentals for earnings growth and valuations, instead our world has become a world of engineered growth based on debt and accounting practices. This article from Charles Hugh Smith is a couple months old, but very well highlights the challenges we face in understanding the persistent rally in the stock market despite all the traditional markers of economic stress and weakness. It’s an excellent read…
https://www.oftwominds.com/blogjune20/financial-engineering6-20.html
Pay close attention to the example of Apple Fairly Tale valuation…
-Shawn
