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Yeah, that is all fine a few decades back. But today we are experiencing huge bubbles caused by central banks. Stocks are hyper-inflated by QE and near-zero ra
by alecco 10y ago
Yeah, that is all fine a few decades back. But today we are experiencing huge bubbles caused by central banks.
Stocks are hyper-inflated by QE and near-zero rates. When all that stops it will pop violently. And sooner or later, they will have to stop. This affects bonds even more, of course.