It’s All Relative: Stocks And Bonds In A Crazy World

It’s All Relative: Stocks And Bonds In A Crazy World

It's all relative. That universally applicable old adage (you can always find a use for it no matter what it is you're talking about) has been a mainstay of the investment case for risk assets in the post-financial crisis era. Stocks too expensive for you? Well, take a look at bonds -- they're expensive. Junk spreads look too rich? Well, high-grade basically gets you nothing in the US and, depending, less than nothing in Europe. It's all part and parcel of the hunt for yield engendered by cent
Subscribe or log in to read the rest of this content.

6 thoughts on “It’s All Relative: Stocks And Bonds In A Crazy World

  1. Hey, Walt, I don’t know if anyone has said this, but I just want to give you a big Thanksgiving Day shoutout. Your incredible work ethic, the high quality of everything you post, your sardonic take on the late American empire — it’s really a beautiful thing to be a part of and easily worth every penny of the $7 I toss your way every month. Thank you. Live long and prosper, brother.

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.