The Capitalist Perspective: buyer and seller imbalances

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The Capitalist Perspective: buyer and seller imbalances

Innlegg Per Arne Karlsen 15 Nov 2012, 19:58

The Capitalist Perspective:
Stock market rallies and slumps do not derive from buyer and seller imbalances by John E. Tamny
H.C. Wainwright & Co. Economics Inc.

All sellers are inevitably, and by the meaning of the word, buyers. -John Stuart Mill

In the succinct words alongside, John Stuart Mill confirmed Say’s Law: the tautology that our demand in the marketplace is our supply.

The late Jude Wanniski famously asserted that the 1929 plunge resulted from bearish news reaching investors—particularly about President Hoover’s intent to sign the Smoot-Hawley tariff into law.

Per Arne Karlsen
Innlegg: 260
Registrert: 07 Sep 2003, 12:39
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