Wednesday 24 July 2013

Why we are allergic to bonds at present

Whilst this Bloomberg article was regarding how cheap stocks were, we inverted the view to show how expensive bonds are.

With potential rising US interest rates at some stage over the next few years, stocks are not spectacularly cheap, however bonds are spectacularly overpriced!

Be moderately cautious with stocks and run for the hills with bonds.

No comments:

Post a Comment