GOJKO DRLJAČA

Leslie Wexner Although in the last two days the world stock markets recorded a price correction after reaching a peak at the beginning of the week, in general in large western markets, especially the US, there has been a strong growth trend since March, which is quite unusual due to the severity of the recession. The Financial Times published very intriguing information indicating that even those who should believe most in the continued rise in stock prices are taking the opportunity to sell them and apparently do not believe in the possibility of earning based on price growth. Related news August brought the highest global stock growth in 44 years, here’s who profited the most The first man of the Bundesbank against the ‘new normal’: A kind of debt illusion is created Thanks to data collected by the U.S. SEC on insider trading, the public learned that 1,042 CEOs in the United States sold $ 6.9 billion worth of shares in August. This is the largest monthly amount of share sales by CEOs in the last five years. Given that these are the people most responsible for the further growth of their companies, it is interesting that in large numbers they decided to sell shares rather than wait and realize profits based on business growth and, consequently, further growth in stock valuation. SEC data recorded sales of at least $ 10,000 worth of shares in companies with a market capitalization of more than $ 1 billion. It seems that much less optimism about the future trend in the stock market of the most knowledgeable (CEOs) compared to the expectations of a large number of investors is something that reveals a very high level of uncertainty when it comes to estimating future stock price movements. For example, the founders of the American industrial conglomerate Danaher, brothers Steven and Mitchell Rales , sold a billion dollars worth of shares of Fortive Group. Steven got $ 606 and Mitchell $ 363 million. Furthermore, Leslie Wexner , founder of L Brands (owner of Victoria’s Secret) sold the stock worth $ 89 million. Data from brokerage StoneX show that insider sales of companies from the Nasdaq 100 technology index reached $ 10.4 billion in the second quarter, or 171 percent more than in the same quarter last year.