What does the stock market and the market see in elections?

There are those who assess the course of a country and society based on the number of demonstrations, occupations, clashes on the sidewalks, and in general the so-called military mobilization. There are others who evaluate it based on concrete results and data.

It is clear that the fighting mentality and all the events that emanate from it testify to the vigilance of the party mechanisms and their ability to “bring their followers” out into the street. And it is no coincidence that in all gatherings, from those of professors and students, civil servants and actors, to strikes and occupiers, approximately the same people take part, each time playing a different role.

Apart from the vigilance and self-preservation of the Party’s mechanisms, these events do not offer the slightest measure, so that their recording does not give any adequate assessment of the state’s progress. After all, whatever the government does, these people will be “opposite”.

But for citizens who are in touch with reality, who live in the real economy, the way a country is valued is different. And this is about me results and prospectsWith real data and structured strategies.

So today, a month before the election, it is crucial to see how the stock market and the markets assess all that has been accomplished and how they assess all that is to come, always through the lens of the election. Because the stock exchange is the mirror of today’s economy and at the same time the discount mechanism for tomorrow. At the same time, the market reflects the real pace of growth, wealth production and new job creation.

Stock trading

The upward movement of the general index of the Athens Stock Exchange over twelve months and the prices of the corresponding shares is not coming from anywhere. The significant positive divergence from the performance of the rest of the European stock markets is not accidental. It relies on strong and continuous deposits by foreign institutional investors.

In placements based on the results of the listed companies, i.e. business growth in terms of turnover as well as increased profitability.

In appointments in the banking industry that leaves behind the period of dealing with bad loan management and enters a new period of growth.

In placements in companies that do not remain static, but persist evolve Through investment programs that collect Equity and bank lending And European resources.

In addition, foreign and domestic investors are turning to collective markets Stocks with an eye on the future promote of the Greek economy and its recovery “investment grade”. Two major events, on the one hand, will reduce the borrowing costs of the government and private companies, and on the other hand, they will stimulate the purchasing investment interest of important investment houses that manage long-term portfolios.

So it becomes clear that the forces of the stock market invest in the post-election scenario with one party government The investment character that guarantees the continuity of all the above-mentioned achievements.

Of course, there are always objections to the importance of the stock market path. We often hear “but we don’t play with stocks”, “but the stock market is for the few”, “everything is fake”, “the stock market doesn’t affect my life” and “everything will be sold to foreigners”. Concept. But it is not only the stock market that bets on the victory of the new democracy, but also the real economy, which we call the market, that estimates that the election result will lead to an independent government headed by Kyriakos Mitsotakis.

real economy

The real economy is growing. And it grows through continuous investment. They are investments that do not involve buying and selling shares. They relate to investments in real estate, industrial units, shipyards, energy production, tourism, infrastructure, digital technology, research and education. They are investments that do not aim for short-term capital gains, but rather for long-term growth and profits.

The recorded investment record in 2022, with the main feature of a positive balance in net fixed capital formation, as analyzed by Marie Venetti in her article: “Why the Greek stock market has the most momentum”, did not come about by chance. It showed up in a state that proved to have one Flexible economy which has developed in the midst of successive crises, which has managed to control its debts and put them on a manageable and sustainable path, which unfolds a pro-investment development programme, which is a key point for designing European energy policy and which emerges reinforced in every degree and assessment.

The toxic lingering spectacle before the election in no way unnerved investors. None of them dealt with complaints against the government, in matters of lack of justice, undermining of institutions, or lack of transparency. No, because they do not occupy them in principle. In fact, this worries them a lot, because these elements make up the environment in which they invest. But because they are not concerned with the specific grievances which have the sole purpose of creating a climate of dissent.

Therefore, investors continue their investments to create job opportunities, considering that political stability and the institutional stability They will continue to be a competitive advantage for Greece even after the elections. how the repairs It will continue and that Greece will continue to change.

If the opposition can’t trust the results of opinion polls that record a strong lead for New Democracy, then let them at least trust the way investors move. Because the latter calculates and evaluates its risks at every moment. The risk they calculate for the upcoming elections is zero and so they continue their investment programs without any interruption, ignoring the unarticulated cries of the opposition. On the other hand, there is also an Anglo-Saxon saying: “Money talks, b@@@@t walks”.