2 ms·
"On the positive side, but as you’d expect with near-zero rates, US equities are at record levels." I'm no so sure this should be on the positive side. Those eq
by magoghm 12y ago
"On the positive side, but as you’d expect with near-zero rates, US equities are at record levels." I'm no so sure this should be on the positive side. Those equities are artificially inflated by central bank (indirect) manipulation. Those prices might not reflect the real value of the underlying assets and could collapse, which would once again put the whole financial system at risk.