We think 2021 has earned its place in the books as the wildest and most speculative year in US stock market history

Cathie Wood’s Ark Invest  is merely the tip of a vast iceberg of speculation that has grown to monstrous proportions over the past year. It is now starting to melt a little.

“We think 2021 has earned its place in the books as the wildest and most speculative year in US stock market history, eclipsing even 1929 and 1999. That doesn’t mean 2022 will bring a panic or a crash, maybe just a degree of sobriety,” Doug Ramsey, chief investment officer at The Leuthold Group argued.

For more than a decade, the dominant theme has been “buy the dip”.

Government bond yields are therefore likely to remain negative in real, inflation-adjusted terms for years to come. 

Robin Wigglesworth FT 10 December 2021

https://www.ft.com/content/31f60297-fe2b-4656-97a6-96b88a26530e




Era of quantitative easing is drawing to a close

arguably the greatest monetary policy experiment since John Law began dabbling with fiat paper money in France

Robin Wigglesworth, FT 8 December 2016

https://www.internetional.se/bondsnext.htm#1612end


 Squadron Leader James Bigglesworth, DSO, DFC, MC

https://internetional.se/Biggles.html


 

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