‘Risks of a market bubble are growing,’ warns Morgan Stanley

The difference between the fed-funds rate and the consumer-price index is the largest ever

the Morgan Stanley Wealth Management note shows. 

 “the gap is widest in the 60-year history of the inflation gauge,” 

“Negative real rates bolster long-duration and growth-oriented assets,” she said, “but contribute to asset bubbles and the misallocation of capital.”

MarketWatch 8 November 2021

https://www.marketwatch.com/story/risks-of-a-market-bubble-are-growing-warns-morgan-stanley-11636406267


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