Property News · March 18, 2017

Netflix and Tesla overrated? Yes, in this mad, mad world


UK’s top fund management groups list them as among the most overpriced shares on Wall StreetI love Netflix – I watch it more now than any broadcast TV channel. I love Tesla cars, though I doubt I’ll ever be able to afford one. But according to one of the UK’s top fund management groups, both are among the most overpriced shares on Wall Street, a stock market that under President Trump is – to use a phrase he rather likes – one of the most overrated in the world.We are at a strange juncture in financial history, with a madman in the White House, Britain breaking itself into pieces, interest rates on the march up (in the US at least), the economy barely bigger than it was a decade ago, Greece in desperate straits and global debt at eye-watering levels. Yet almost every day the S&P 500 and the FTSE 100 break new records. Continue reading…

Source : theguardian.com
Read more…Netflix and Tesla overrated? Yes, in this mad, mad world

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