Financial markets are proving themselves to be highly irrational at present. Take the FTSE 100 as example. This is the chart for this year: Markets were very happily over-valued by pretty much general consent at the start of the year. Coronavirus disturbed the cosiness of the arrangement. As people panic bought the markets panic sold. […]
source https://thebtrader.com/2020/04/09/stock-markets-are-now-inherently-unstable-because-current-accounting-standards-have-ceased-to-value-the-real-worth-of-companies/?utm_source=rss&utm_medium=rss&utm_campaign=stock-markets-are-now-inherently-unstable-because-current-accounting-standards-have-ceased-to-value-the-real-worth-of-companies
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