They said that stocks are expensive.
But they forget the other side.
Record amount of money in negative yielding government bonds.
Bond market is at all time high.
The bubble will continue.
The question is, which bubble is bigger? Stocks or bonds?
When will the bond market collapse?
A simple inverted chart of German 30 year bonds yield. I need to shift it by 1 because the value is negative.
On a hindsight, this is a parabola. And a parabola will eventually "end". The question is when? And what will happen when it ends. It will be catastrophic.
But they forget the other side.
Record amount of money in negative yielding government bonds.
Bond market is at all time high.
The bubble will continue.
The question is, which bubble is bigger? Stocks or bonds?
When will the bond market collapse?
A simple inverted chart of German 30 year bonds yield. I need to shift it by 1 because the value is negative.
On a hindsight, this is a parabola. And a parabola will eventually "end". The question is when? And what will happen when it ends. It will be catastrophic.