It is always interesting when the #bullish media says:
"Buy stocks because #rates are low (equity #risk premium high) which justifies overpaying for value."
1) Rate spikes have fast which destroys that premise.
2) No-one ever tells you to sell.
h/t @thedailyshot pic.twitter.com/iHlHRYhlVv— Lance Roberts (@LanceRoberts) March 25, 2022
Surge In Bond Yields Says It's Time To Buy Bonds https://t.co/kBAcVRGaSc
— zerohedge (@zerohedge) March 25, 2022