Saturday, December 3, 2022

Equity Markets


The omnicompetence assumed in a policy science is regularly accompanied by a lack of ethical reflection. I ask, Where do you get off, Ms. Economist, in thinking that you are qualified in science or entitled in justice to “nudge” liberated adults?--McCloskey

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Income inequality has declined. Are the poor happier or better off now that the rich are less rich?

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Students in Beijing protest via equations, holding up papers with math equations, usually the Friedman equation.

Translations:

1. They can't use words, so they use equations instead.
2. Friedman = "Freed man"
3. It's a statement about reason and truth. Math is irrefutable. Reality is what it is, no matter what you say about it. No matter what the government says about it.

Cross-cultural punning in different languages? Maybe.

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This is interesting.

Violent clashes took place in Belgium after the Morocco-Belgium football match during the World Cup in Qatar.

Riots took place in Brussels, Antwerp and Liege, where a police station was attacked by about 50 "youths", and also in several cities in the Netherlands. Beyond these incidents, the popular jubilation in the predominantly Moroccan neighborhoods of Brussels, especially in Molenbeek, revealed that in these areas, the Moroccan identity has remained much stronger than the Belgian one, even though most of the inhabitants have dual nationality.

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Equity Markets

Consider three major global equity markets: China, India, and the US. Of the three, would you believe India has been the second-best performer over the past 30 years, well ahead of China? It’s true.

And look at the S&P.


india-equity-an-unsung-long-term-performance-story-fig1

2 comments:

Custer said...

I told you long ago to buy the Pittsburgh Pirates

jim said...

Would have been a bargain