PL

Overcoming the 14-year itch

Stock market report
The current state of the residential market is one of the hot topics among investors, since home prices are soaring and the demand shows no sign of weakening. This can’t be seen from the strength of the residential developers’ index over the summer, but still, its growth of 30 pct since the beginning of the year has made quite an impression
The wider WIG index, meanwhile. has risen to above 70,000 points. And the last time we saw rises of 10,000 points was only… 14 years ago; but analysts are now expecting the next 10,000-point increase to happen a lot sooner. There are many current factors that have been pouring fuel onto the flames for investors. Firstly, the economy is bouncing back, despite the global disruption to supply chains (such as the shortage of semiconductors for the automotive and electronics industries). The rude health of the economy in the face of the continuing pandemic has, regardless of such issues, given us all grounds for optimism. High inflation has yet to become much of a problem and consumer spending is once again driving the economy, as the general public makes up for having been starved of goods and services for so many months. This can clearly be seen when it comes to companies across The Pond, but is also evident right here in Europe. You only need to look at the number of times when th
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