An investment strategy based on stock market values is no longer feasible, according to a research paper published on Thursday by the International Monetary Fund.
The paper by a group of international financial analysts said the global stock market is at a crossroads.
It said the current stock market rout and market-moving rally in emerging markets is the result of an overvalued and overbought stock market, which has over the last three years grown from $20 trillion in 2010 to $350 trillion in 2021.
It also pointed out that the global financial system is under enormous pressure, as it has been buffeted by the global economic slowdown and financial crisis.
Investors should consider buying stocks that have a stable market value.
It is the most profitable investment, the authors said.
The report, entitled ‘Stock market valuations and over-bought stocks’, was prepared in conjunction with the Bank for International Settlements, the World Bank, the IMF and the Asian Development Bank.
The IMF said in a statement that its research shows the global economy and financial system are at risk of a global recession if the current trend continues.
The report said that the current global financial crisis is in its fourth year, and that investors are losing faith in the stability of the global and international financial system.
In the coming years, the current economic downturn will have significant impacts on global financial markets and on the economic performance of many countries, including the US, Japan and Europe.
The authors said that if the global downturn continues, investors will need to consider a variety of strategies to increase their returns and save for the future.
The analysis found that the average investor has a net worth of $3.4 million, a number which includes both stock and bond values.
The average investor’s average net worth is also $2,000 per year.
But the net worth gap between the richest and poorest 10 percent of the population is $8,500, which translates to a gap of $2.6 trillion between the bottom half of the US population and the top 1 percent of earners, according the study.