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"I agree stocks are rich/richish by most metrics, but still cheaper than bonds/real estate. And the latter have very strong negative correlation to the level of
by timr 9y ago
"I agree stocks are rich/richish by most metrics, but still cheaper than bonds/real estate. And the latter have very strong negative correlation to the level of interest rates."
Bond prices go down. Yields go up.
- jgalt212 9y agoYield spreads are at extremely rich levels. happy now?
- deleted 9y ago[deleted]