Normal
Just my observation but there seems to be an awful lot of money around at the moment.I mean things like books signed by the author being sold for an outright fortune, almost all of which is being paid for the signature not the book (since you could buy the unsigned book for a relative pittance). Then there's USD 5k concert tickets and so on. Stuff like that. Keep your eyes open and there's plenty of examples of non-essential things being sold for prices that even in the recent past would've been considered outright ridiculous.A decent portion of the population are perhaps struggling but clearly there are quite a few who've got money to spend for the sake of spending it.Perhaps just my interpretation but I'm seeing that as indicative of too much money sloshing around looking for somewhere, anywhere, to go.
Just my observation but there seems to be an awful lot of money around at the moment.
I mean things like books signed by the author being sold for an outright fortune, almost all of which is being paid for the signature not the book (since you could buy the unsigned book for a relative pittance). Then there's USD 5k concert tickets and so on. Stuff like that. Keep your eyes open and there's plenty of examples of non-essential things being sold for prices that even in the recent past would've been considered outright ridiculous.
A decent portion of the population are perhaps struggling but clearly there are quite a few who've got money to spend for the sake of spending it.
Perhaps just my interpretation but I'm seeing that as indicative of too much money sloshing around looking for somewhere, anywhere, to go.
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.