Party Now, Apocalypse Later
Valuations are going to revert to the mean. They always do.
And when they do, they’ll overshoot in the process. The business cycle still exists.
Wolf Richter, November 19, 2014
https://www.internetional.se/shares.htm#later
Byggbolagen har fallhöjd kvar
För många bostadsbyggare är det riktigt mörker.
Torbjörn Isacson DI 14 oktober 2022
Bond Investors’ Belief that low rates would last forever fueled leveraged strategies that are now coming undone
In the years after the global financial crisis, economists concluded that sluggish growth and inflation that persistently ran below central banks’ targets had become a permanent feature of the economic landscape, bringing structurally lower real interest rates.
Investors naturally sought out strategies designed to profit from such an environment
Greg Ip WSJ 13 October 2022
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