iPoint (iPoint.cz)
Czech markets  |  February 06, 2013 10:27:31

Skyscrapers warn: Hold on to the shares from distance!

iPoint.czAfter five years of uncertainty and fear of the future economic development is finally beginning to appear that the worst is over. Equity markets are close to their historic highs, the possibility of disintegration of the euro area has disappeared from the introductory pages diaries and Greece are not near any other (larger) sinner. The economic crisis of the thirties of the last century has resulted in the largest conflict in world history. We were able to finally get out and we can stop worrying about that with other assets shown that their price was přefouknutou bubble?

Reliable indicator of predicting impending crisis, and we will never and can not have. Unexpectedly, however, the exact utility analyst Andrew Lawrence, who in 1999 noted the connection between the number of skyscrapers under construction and coming recession. His discovery of the half-jokingly called "skyscraper index". Historical data gave Lawrence the truth.

Skyscraper index: Analytical tool seemingly bizarre, read the iPoint

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