/biz/ - Business & Finance

>>11573537
>general trend is upwards

For the past 100 years maybe

When GDP growth was 5%+ a year and the population went from 2 billion to 7 billion. Things have changed, now the world is aging and every population besides dirt poor africans have stopped growing, the middle class is hollowed out and now solely relies on debt. Want to see what happens to a stock market in a nation where demographics collapse? Look at Japan

Investors look at shit like earnings and PE ratios, policy makers, central banks, pension plans look at demographics and things aren't looking good hence all QE after the 2008 crash.