Investments and Timing: Nigeria in 12 Months
Quote from Ndubuisi Ekekwe on May 27, 2024, 3:33 PMThere is always that illusion that the best time to invest is when all the economic indicators are “perfect”. But if you look at last year’s data from the Nigerian stock exchange, Nigeria returned alpha moments in the stock market despite the paralysis in the land.
Factually, what moves the market is not usually the typicals. As we have seen in the US where the stock market is hitting new records even as inflation, housing prices, etc are not going the way many expect, people can make money anytime.
With the wars in the Middle East and Eastern Europe, more money would be spent, and that is economic stimulation since the US is funding many of these wars. Period, the US is spending and companies will make money!
Rethink how you see investments.
There is always that illusion that the best time to invest is when all the economic indicators are “perfect”. But if you look at last year’s data from the Nigerian stock exchange, Nigeria returned alpha moments in the stock market despite the paralysis in the land.
Factually, what moves the market is not usually the typicals. As we have seen in the US where the stock market is hitting new records even as inflation, housing prices, etc are not going the way many expect, people can make money anytime.
With the wars in the Middle East and Eastern Europe, more money would be spent, and that is economic stimulation since the US is funding many of these wars. Period, the US is spending and companies will make money!
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Rethink how you see investments.