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
— Invariant Perspective (@InvariantPersp1) November 12, 2020
— M/I_Investments (@MI_Investments) November 11, 2020