Few people understand the economy and even if a person is right about coming events their timing can be wrong or simply off. Another issue with brokers other than it being a case of the blind leading the blind is they often have hidden agendas and steer clients in the wrong direction. My experience is that it is best not to follow the advice of others.
The study of economics is often baffling and confusing. Many economic theories exist but many are full of holes and conundrums. Much of how people react to a policy may have to do with timing and perception instead of reality. Economics is full of loops that feed back upon themselves and unexpected pitfalls based on expectations.
All this can become quite abstract. Economist predict events that never tend to unfold as expected or planned. Many of the "modern monetary theories" in use today have not been proven over time, but reflect an attitude that we can control economic cycles better than in the past. More on how few people really understand this very important part of our lives in the article below.
Few people understand the economy and even if a person is right about coming events their timing can be wrong or simply off. Another issue with brokers other than it being a case of the blind leading the blind is they often have hidden agendas and steer clients in the wrong direction. My experience is that it is best not to follow the advice of others.
The study of economics is often baffling and confusing. Many economic theories exist but many are full of holes and conundrums. Much of how people react to a policy may have to do with timing and perception instead of reality. Economics is full of loops that feed back upon themselves and unexpected pitfalls based on expectations.
All this can become quite abstract. Economist predict events that never tend to unfold as expected or planned. Many of the "modern monetary theories" in use today have not been proven over time, but reflect an attitude that we can control economic cycles better than in the past. More on how few people really understand this very important part of our lives in the article below.
http://brucewilds.blogspot.com/2014/03/few-people-really-understand-econ...
Advisers ROCK
Brokers suck donkey COCK
Not to "my broker"...to "my" GOVERNMENT.
you use a broker?
ur invested in the WROWNG ASETT, dude