No where to turn? This time, it isn’t just that the U.S. stock indexes are very aged in one of the longest bull markets in history and trading in bubble territory at 27 times EPS.
In “Bonds: The Final Bubble Frontier?” Deutsche Bank says:
“We do think bonds are starting to exhibit bubble tendencies with very little value for investors trying to create long-term real returns”
Source: Long – Term Asset Return Study: Bonds: The Final Bubble Frontier?
We’ll see…
It’s always a good time to actively manage risk and shift between global markets rather than allocate to them. To see what that looks like, visit: http://www.asymmetrymanagedaccounts.com/global-tactical/
ASYMMETRY® Observations 