1NVEST0R MAND1R1 maen SAHAM bener

belajar MANDIRI, akan JAUH LEBE SUKSES (SEJAK 210809)

1 dekade 1 jenis spekulasi BERBEDA … 23 September 2009

Filed under: Investasi dan Risiko — bumi2009fans @ 10:07 am


Investing: Every decade has its star

Globe and Mail Update
Last updated on Tuesday, Sep. 22, 2009 07:31PM EDT
CHART OF THE DAY

If the market meltdown of 2008-2009 threw you for a loop, you probably haven’t been around very long.

Independent market research firm BCA Research notes that in every decade since 1960, at least one asset class has formed a “bubble” – which it defines as a tenfold-plus price increase. Each time, a different asset class catches investors’ fancy. (While several asset classes showed bubble-like qualities in the past decade, BCA cites oil’s climb from barely $10 (U.S.) a barrel to nearly $150 as the most striking example. Today’s chart of the day shows a few others.)

At the root of all these bubbles, it says, is an overheated credit market– in which the oversupply of cheap money encourages speculation and fuels asset inflation.

BCA notes that U.S. credit growth “has been excessive for most of the post-war period” – hence the string of asset bubbles. One bursts, a new one comes up.

Booms follow busts as sure as day follows night,” BCA says. “The only thing that changes is the object of speculation.” Regardless of where the next bubble surfaces, it won’t come until the credit market rebounds, it says.

David Parkinson

Iklan
 

Tinggalkan Balasan

Isikan data di bawah atau klik salah satu ikon untuk log in:

Logo WordPress.com

You are commenting using your WordPress.com account. Logout / Ubah )

Gambar Twitter

You are commenting using your Twitter account. Logout / Ubah )

Foto Facebook

You are commenting using your Facebook account. Logout / Ubah )

Foto Google+

You are commenting using your Google+ account. Logout / Ubah )

Connecting to %s