Lars Tvede på Linkedin d. 5.10.2021
"In my opinion, these months are financial markets are these months undergoing a series of strategic turning points that would set completely new directions for the next years. Many of the former market leaders will be underperforming here - and vice versa. This reversal process is, as usual, quite turbulent and elongated. But it seems clear.
1) There has long been massive underinvestment in the physical economy, including energy, mining, and infrastructure. Shares related to this will generally overperform in the future. Big tech is conversely too expensive.
2) Value stocks have fallen historically far behind growth stocks. To an extreme extend, in fact.
3) Emerging markets are far too cheap compared to developed markets.
4) Smallcaps are way too cheap compared to large caps.
5) A strong dollar will be replaced by a weak dollar.
The situation reminds me incredibly much of 2000/2001. Also, by then, we had strong property markets running up to the property crash in 2008. Now, property markets boom again, and I would guess that they crash somewhere between 2026 and 2030".
Kilde: https://www.linkedin.com/feed/update/urn:li:activity:6851019730036252672/
"In my opinion, these months are financial markets are these months undergoing a series of strategic turning points that would set completely new directions for the next years. Many of the former market leaders will be underperforming here - and vice versa. This reversal process is, as usual, quite turbulent and elongated. But it seems clear.
1) There has long been massive underinvestment in the physical economy, including energy, mining, and infrastructure. Shares related to this will generally overperform in the future. Big tech is conversely too expensive.
2) Value stocks have fallen historically far behind growth stocks. To an extreme extend, in fact.
3) Emerging markets are far too cheap compared to developed markets.
4) Smallcaps are way too cheap compared to large caps.
5) A strong dollar will be replaced by a weak dollar.
The situation reminds me incredibly much of 2000/2001. Also, by then, we had strong property markets running up to the property crash in 2008. Now, property markets boom again, and I would guess that they crash somewhere between 2026 and 2030".
Kilde: https://www.linkedin.com/feed/update/urn:li:activity:6851019730036252672/
5/10 2021 09:49 1
97500 Jeg er meget enig med Lars Tvede, men det skal jeg jo også helst være når jeg har positioneret mig præcis efter de 4 første punkter. Om dollaren får en deroute tror jeg måske er lidt længere ude i fremtiden.
5/10 2021 12:20 StockBull 097512 Enig med Lars Tvede og positioneret mig efter alle 5 punkter som følgende: Metal råstoffer (futures), mining ETFer, EU value etf, small cap ETF, emerging marked etf, syd korea ETF, syd afrika ETF, brazil ETF, robot/AI etf, genmab, orsted, qfuel, ennogie, concordium, tvede fond, FX nok/usd og cad/usd - kontant beholdning til ca. 1.5 års forbrug
Her samlet portefølje men uden Tvede fond, Ennogie og Concordium som ikke kan handles via Saxo p.t
