If History Were A Perfect Guide, Stocks Would Be in A World of Trouble Here
Comment of the Day

October 29 2019

Commentary by Eoin Treacy

If History Were A Perfect Guide, Stocks Would Be in A World of Trouble Here

Thanks to a subscriber for this report from UBS which may be of interest. Here is a section:

Eoin Treacy's view

A link to the full report is posted in the Subscriber's Area. 

We are at a particularly interesting period in history. First off, no one knows how much of a distortion to historical norms negative rates and negative yielding bonds represent. Second is the fear being expressed by investors as stock markets hit new all-time highs, and not just on Wall Street. Third is censorship by both Google and Facebook precludes anyone who wishes to express a sharply bearish view from acquiring advertising space. 

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