Friday, October 9, 2020

No Bourse Crash in View

 As more activity moves online, business will become more dominated by firms with the most advanced intellectual property and the biggest repositories of data; this year’s boom in technology stocks gives a sense of what is coming, as does the digital surge in the banking industry. And low real interest rates will keep asset prices high even if economies remain weak. (The Economist).

Pic.:Krach de la Bourse de Vienne le 9 mai 1873. Dessin publié dans le Illustrierte Zeitung du 21 juin 1873

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