Cult Of Equities Is Dead. Long Live Equities

Once the era of financial repression ends and interest rates are allowed to return to normal, there will be another cult of the equity

Topics:  cult   
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  • Cult of equities is dead. Long live equities
    Repression will end and rates will normalise but the timing is guesswork You might call it the prayer of all financial commentators: “O Lord, save me from becoming a contrarian indicator.” Any big pronouncement can be wrong. This is particularly true ...
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