this wacky stock market/ part 2
fiction
edward w pritchard
Asked to be more specific about what could trip up the stock market in 2018 author claiming no ability to forecast but speculates and augurs that as consumers continue the switch from the mall to online ordering of products and drone deliveries of goods and services at some point the disadvantages of those new technologies will become known and common place. At some time then the dream of the new paradigm is over, the smart money that has made fortunes in stocks investing in those technologies will quietly begin to sell those stocks, still market leaders, and at some point the tide will turn on perfectly priced for super growth companies and industries. One often hears at such times it was all a dream.
Dreams are real. Dreams are a part of reality at least when it comes to the affairs of men. At some point everyone must compare their dreams of vast wealth and stock markets prices going up indefinitely with the reality of the real world around them that effects their lives.
As example we see one of the pizza companies that advertises incessantly on the TV shows we watch has decided to in addition to cutting prices to encourage online ordering of their product now are offering [ I am not kidding here] pizza insurance in case from the time you pick up the pizza until you eat it in the event the pizza gets ruined or destroyed then they will replace it [ we assume having never read the formal policy agreement] with another [ of equal value].
Speculation in pizza futures will be the new product futures market to flourish based on the demand for the pizza insurance to follow providing additional impetus to growth in the new economy we assume. Derivatives based on tranches of different pizza markets of pizza insurance sales based on geographic locations world wide for investors [ in case of volcano, flood or acts of god] and atomic bomb destruction to pizza deliveries insurance based on [ jingoism by American politicians] or anything else that could cause widespread global destruction of consumers abilities to buy and consume pizza.
The stock markets need new products to drive real growth in the economy. The future will be here before we know it, get on board and invest in the new economy.
Thursday, December 21, 2017
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