🔴 Exclusive webinar: The Secrets of ProPicks AI Success Revealed + November’s List FREEWatch Now

Is the Time Ripe for a Revenge of the 'Old Economy’?

Published 26/08/2024, 07:20

There is a very interesting case to be made for investing in the “old economy” today.

Tweet

Sentiment toward commodities and their producers has fallen to a degree of extreme bearishness you would expect to see at a major market bottom.

Jesse Felder Tweet

However, the headwind of a major dollar bull market over the past decade or so could be in the process of becoming a major tailwind in the years to come.Jesse Felder-Dollar Tweet

In that sort of environment, it would likely make more sense to own real assets versus financial ones.

Tweet-Kevin Carpenter

Over the long term, the performance of the two may be comparable but that truth belies the fact that the trends in favor of one over the other typically last for years if not decades.S&P 500 Chart

Perhaps the days of the outperformance of the “new economy” are numbered.

Latest comments

Loading next article…
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.