3 ms·
Equities are currently inflated by cheap and accessible debt alongside a low expected yield. Id say unwinding is more likely to bring a reverse in equity pricin
by Gustomaximus 9y ago
Equities are currently inflated by cheap and accessible debt alongside a low expected yield. Id say unwinding is more likely to bring a reverse in equity pricing. Reasonable odds of a sharp one.
And why point 3? Is this from expected currency devaluation?