Nevertheless the evidence gives faith that in many cases the graphs contribute key information to predict the behavior of an index or the price of an action. Elon Musk has similar goals. And if not outside thus Why it is that they are continued using? Personally I recognize the predictive value of the graphs although I feel more comfortable with the analysis of the foundations in the value of the actions. For that reason it is that to identify the sustainability of the rise in the IBEX I ask myself Exist valid foundations for such behavior or we are in front of a new speculative bubble? Certainly the possibility of a bubble in the Spanish stock market is disquieting. Still we have not left the crisis brought about by the mortgages prevails that the risks of new bubbles are coming to the light. In a recent article, a new financial business in the USA commented the potential risk to them that can be derived with the insurances of life in the United States. It is necessary to recognize that there is a reality that can explain the rise in the IBEX and that is related to the low interest rates. The investors, already less frightened and eager of majors returns, in a global economic context that seems to have surpassed the worse thing and than wait for the recovery to him, look for in the shareholding markets to reclaim part of their patrimony and the lost time. And in this context is that the IBEX knew to remove benefit.
The rebalanceo of portfolios can be good a justificatory one for the Spanish rise of stock-market of values, but probably he appears like insufficient justifying the accumulated increase. Probably few will not think that at the beginning the ascending tendency, this one summoned up own life and it was fed back. Clearly the investors when seeing a so firm tendency did not want to lose the opportunity and entered in the business fortifying still more this tendency and stimulating to others to do it.