Will The European Union Re-Index Stock Markets To 100 Points?

By: Wim Grommen Will The European Union Re-Index Stock Markets To 100 Points? by Wim Grommen The introduction of the euro brought the citizens of Europe many advantages, including uniformity. It would be nice if that uniformity also applied to the comparison of the various stock exchanges. An index point is not a fixed unit in time and does not have any historical significance, so the European citizen may therefore not attach any significance for the future. Comparing index points to their history and also comparing the various stock exchanges makes no sense. The time is ripe to reindex European…