Global markets are entering a new ‘postmodern’ era, says Goldman Sachs
Equity-market investors who can move quickly enough to identify winners and losers could win big.
Those who stick with strategies that worked in the past, like simply buying and holding index funds, might be disappointed.
MarketWatch 3 september 2025
Rolf Englund about New Era, June 29, 1999
Many people say that we are in a New Era, where the porridge is neither too cold, neither too warm, and that is why we now, at least in the US, can have high growth without inflation.
In the New Era Keynes is dead. But there might be an alternative explanation that is close to the Old Teachings.
When Demand is higher than Supply, the Price will rise. Even Economists probably could agree on that.
But the Economy could also have changed.
The Potential GDP/BNP, which in the old socialdemocratic days in Sweden (and with Reagan in the US) without computers, we thought could expand with only, let us say, 3 procent annually.
But now, with Clinton and Supply Economics and computers and with the clever policies of Dennis, Feldt, Bildt, and Wibble, the potential GDP can now rise by, let us say, 6 percent annually, without anybody noticing that or when the change took place.
https://internetional.se/egoomnewera.htm
New Era?
https://internetional.se/svdbu.htm
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