Do you believe that markets are all out of whack because of central bank intervention?
Look at any particular asset class or market around the world. You would think everything was calm and peaceful. You would think that there weren’t any tensions. Look at volatility, it’s historically very low. But what we are looking at his a mirage. We’re being fooled. Unless you want to believe that ignorance is bliss.
Equities edge lower though U.S. techs extend gains; Mexican peso slips
More than half of US housing markets were overvalued in April
Bridgewater Associates, LP
Bridgewater Hedge Fund Beats Peers, Cuts Europe Shorts – Bloomberg
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Brazil central bank steps in after real weakened to 2-year low
Kass – The World Is Flat | RIA
China-US, Trump trade fight: China offers to buy $70 billion of US goods – Business Insider