same 30 yr downward trend in int rate driving all assets...

來源: 2023-11-17 21:33:12 [博客] [舊帖] [給我悄悄話] 本文已被閱讀:

stocks also have positive leverage effect when earning yield is higher than financing rate.

right now that is not the case. equity is THE most over-valued asset class right now.