A good article by The Economist. While it doesn’t feel like the Roaring Twenties or the Dotcom Heyday, stock prices are about the same level of valuations. Home prices are above what rents can support. Bonds are in a “bond bubble”, as yields are at 5,000 year lows (yes, you read that right, 5,000 years).
The one thing I am happy owning is cash and money market funds. Earning close to 0% is better than earning -30% in the near future.
With ultra-loose monetary policy coming to an end, it is best to tread carefully
Source: Asset prices are high across the board. Is it time to worry?
