Risk parity exhaustion. Junk bonds and stocks are record overvalued in tandem for the first time in history.
Risk parity exhaustion. Junk bonds and stocks are record overvalued in tandem for the first time in history. Why not buy a cheap asset that truly benefits from artificially low rates? Precious metals to become a key alternative for asset allocators. Buy gold and sell stocks. pic.twitter.com/YATnTZkX1c — Otavio (Tavi) Costa (@TaviCosta) November 13, 2020 … Read more