Just a brief look at S&P 500. Not invested in here.
We all know the story: overheated market, be it dotcom, subprime, or QE.
I wonder what ECB will do? Negative nominal rates?
Last month I jokingly posted that 1968 & 2018 are 50 years apart. Hope it doesn't turn to reality.
We all know the story: overheated market, be it dotcom, subprime, or QE.
I wonder what ECB will do? Negative nominal rates?
Last month I jokingly posted that 1968 & 2018 are 50 years apart. Hope it doesn't turn to reality.
评论:
To save the dotcom equity investors, they created the housing bubble ---> private debt.
To save the private debt from the housing bubble, they created QE & bailout ---> public debt.
What's the next move?
To save the private debt from the housing bubble, they created QE & bailout ---> public debt.
What's the next move?
In anyway, they started raising interest rates too late. Now they have a bigger challenge.