By Bitcoin.com - prije 2 godine - Vrijeme čitanja: 4 minute
Kako izvješće o ronjenju na burzi pokazuje kako američka kućanstva sada imaju rekordno visoku izloženost dionicama
While inflation has kicked up in the U.S., following the massive stimulus issued by the Federal Reserve, investor and financial writer Lyn Alden Schwartzer published a report that shows “U.S. households now have record high exposure to stocks.” The news comes at a time when many analysts and economists believe equities markets are in a colossal bubble.
Dow Sheds 900 Points, Financial Expert Lyn Alden Schwartzer Publishes Report on US Household exposure to Stocks
Stock markets saw some significant carnage on Monday as the Dow Jones Industrial Average lost 900 points in the morning (EDT) or 2.3% as it was the largest decline in value this year. Similarly, the Nasdaq Composite came awfully close to losing 1% and the S&P 500 index shed 1.5% on July 19. Mainstream media izvješća are blaming the market downturn on the recent surge of Covid cases worldwide and the delta variant.
Meanwhile, Travis Kling, the crypto proponent and executive at Ikigai upravljanje imovinom shared a tweet from the financial expert Lyn Alden Schwartzer that said: “U.S. households now have record high exposure to stocks.” Kling also govorio about the issue at hand and stressed that the Fed could make this a national security problem.
„Već više od godinu dana govorim da je porast SPX-a pitanje [nacionalne] sigurnosti Sjedinjenih Država. Fed može to ostvariti (za sada). Što mislite da će učiniti? " Pitao je Kling.
Schwartzer didn’t just tweet about the equities U.S. households own, as the investor also published a blog post about the subject on Seeking Alpha. The financial analyst said that last May, the researcher published a report that highlights how the United States is currently fueled by “fiscal-driven inflation.” In the latest report, the analyst says that this “is what the U.S. is experiencing at the moment.”
"Zbog stimulativnih učinaka i brzog rasta široke novčane mase", napominje Schwartzerovo izvješće. „Potrošači u džepovima imaju više novca za trošiti, dok je proizvodnja određenih zaliha i usluga i dalje ograničena na razne načine. Ta kombinacija rezultira rastom cijena bilo koje robe i usluge koje su ograničene, sve dok te cijene ne porasnu dovoljno da umanje potražnju. "
Schwartzer: 'Riznice ne idu u korak s inflacijom i time gube kupovnu moć'
Schwartzer nadalje objašnjava da se "učinci fiskalne inflacije još uvijek javljaju, s 5.39% prosječnih godišnjih povećanja cijena." U međuvremenu, kamatne stope i trezorski zapisi na bankovnim računima znatno su niske.
Prikazujući tromjesečni grafikon trezorskih zapisa St. Louis Feda, Schwartzer primjećuje: „Ako smanjimo, evo stvarne kamatne stope tromjesečnih državnih zapisa na duži rok, što znači kamatnu stopu koju blagajnički zapisi plaćaju minus prevladavajuća stopa inflacije potrošačkih cijena. " Schwartzerova analiza dodaje:
Ti su trezorski zapisi obično prilično dobar zamjenik i za kamate na bankovne račune. U osnovi, kad god je to plavo područje ispod nule, to znači da kamatne stope za bankovne račune i kratkotrajne riznice ne prate inflaciju, a time i gube kupovnu moć.
Pored izdvajanja dionica za kućanstva iz SAD-a, Schwartzer primjećuje da je veliki rizik s kojim se tržišta trenutno suočavaju "ovaj novi val slučajeva virusa delta-varijante". Ekonomist također naglašava da je ovo "prvi put da je američko tržište dionica doseglo 200% veličine američkog BDP-a."
The investor is bullish on the energy sector but sees Covid cases and “government lockdown responses to it as a near-term risk factor for a correction in the industry.” This means the energy market could stop swelling for a brief period of time, Schwartzer explains. While Schwartzer is bullish on the energy sector, the investor has also mentioned diversifying in bitcoin (BTC) as well in a nedavni videozapis published by the Youtube channel Financial Monster.
In addition to the fiscal-driven inflation, the number of U.S. homes allocating stocks is also driven by rising prices and speculative investing, Schwartzer’s report details. “U.S. household allocations to stocks are currently at a record high percentage of total US household assets, from a combination of high valuations and speculation.”
Što mislite o procjeni Lyn Alden Schwartzer i trenutnoj rekordnoj izloženosti američkih kućanstava dionicama? Javite nam što mislite o ovoj temi u odjeljku za komentare u nastavku.
Izvorni izvor: Bitcoin.com