quinta-feira, 2 de dezembro de 2010

Economic Crisis may be Over

If we could trust economic agents to be rational, it would be fair to say that the economic crisis would end now, with a strong cameback.

America's economy is starting to grow steadly, slow but steadly. The Chinese economy also shows signs of healthy grow. Europe still shows fragilities, like the Portuguese and Spain Economies, but the aid capacity is larger than the risk. Whether EU and FMI came to the rescue of Iberian Economies or not, they are not a risk for EU and the global economy.
This means that the risks are controlled. It also means that the possibilities for growth are really strong.

In this reality, stock-brokers should start buying, and companies should start hiring and investing in acquisitions.

On the other hand, gold has raised too much and might go down, as investors sell gold to buy stocks.

Soros, one of the world top investors has already claimed that this is the moment to sell gold and invest in health and biotechnology. He goes further saying that gold is the last bubble.

But we know that agents are not rational, and the insecurity raised since 2007, made investor more cautious. Maybe too cautious.
Is it possible that we all remain frozen in panic waiting for someone else to start investing?