I am someone who is working in Germany, I feel youth in Europe lack passion for work. They all just want to enjoy vacation and short working hours. Because, the salary is not rewarding for extra hard work. Secondly, Chinese, Indian and other foreign employees work way harder and are talented. This means the education in Europe is not evolving faster. Finally, wage growth is awful here is EU compared to US or Asia. So having said all this, its not looking good for the EU
@NURREDIN15 сағат бұрын
P.S. WHY aren't you guys showing the yield for the 20 year Treasury Bonds anymore? People who have young kids or are nearing retirement age are interested in that time frame.
@chordia91915 сағат бұрын
The ever elusive r*. The steepening on the long end can be argued as a cause for concern, or it can be argued as a positive outlook. It really depends on the flows & where that capital raised from bomd sales goes. If it's essentially coming out of the bond market & into equities, this would be positive. It would signal there is higher confidence that this capital would generate a higher return if invested in equities, which would be a positive outlook on growth. The upward sloping yield curve is perfectly normal for markets to function in. If r* ends up being between 2-3% with the belly & long end of the curve between 4-5/6%, this would be similar to levels seen in recent decades past, which still were, for the most part, raging bull markets for equities.
@NURREDIN16 сағат бұрын
I've worked for the same Wall Street firm since 1991. EVERYONE I know is selling stocks, and moving into money market funds, short term T bills, and long term treasuries. Everyone knows a crash is coming, but no one knows how long and deep this "trump slump" is going to last. The Hoover crash lasted 25 years until Eisenhower injected massive Infrastructure spending, healthcare spending, and added SSI Disability to Social Security. The Reagan crash lasted 6 years, and cost George H.W. Bush his re-election because everyone blamed him for Reagan's incompetence (Bush told us in 1980 it was "VOODOO ECONOMICS"). The Bush/Cheney crash lasted 5 years, and Obama couldn't get more infrastructure and domestic spending past McConnell's Senate, and the Middle Class still hasn't recovered. I can't afford to lose everything for 5, or 6, or 25 years waiting for the markets to bounce back, so I've already cashed out.
@KatyaNanine18 сағат бұрын
Very interesting and informative video! Thank you for your attention to detail! 😛💕
@Loveroflife5.0.16 сағат бұрын
Australian accents are annoying sorry don’t mean to offend please don’t bring that guest back
@Stoneface_12 сағат бұрын
What guest? Frances Katzen?
@StormyTheresina18 сағат бұрын
Your videos are always so interesting and informative! I look forward to new videos! 😻👅