Fukn hell, the tecdax (Germany) is getting killed.
As per NBR, equities since WW2:
November - April : 7% average return
May - October : 1.3% average return
If you read the sci-fi books from say 1700 to current day, you’d see that it pays to just stick with the pattern.
Not to say that ‘current day’ is the current maximum in linear history.
I mean, it’s funny that almost every person who has ever lived felt that they were living at the currently ‘maximum’ point in the linear history…
Do you guys feel that way? Like, 2014 up until this point you are reading this, is the maximum point in time so far?
I just don’t see this as being possible.
disclosure: no tech… short WHR and NOC for May expiry 2014
Did sci-fi exist in 1700? What kind of stuff were they imagining would happen in the future?
fa
goldman likes germany
http://www.cnbc.com/id/101626956
side note: MINT countries is the way to go
Hard to refute, technologically.
The world has regressed before, notably when barbarians of various tripes burnt scholars, books and whole libraries. But since the Renaissance, for the 500 years or more, progress has been fairly linear. War, medicine, engineering, physical sciences, you name it.
So yes, 2014 is the highest point.
As a crotchety old man I have to sayI don’t know if it’s progress I really want, but that’s a separate topic.