Back to bubble days
The unrelenting pump-priming by the central banks and fiscal authorities has brought us back to the bubble days.
Property markets in Asia are on a roll, commodity markets are surging again (note that white sugar price has reached a 25 yr high) Stock markets are not doing badly either.
Looks like higher inflation will be around the corner in fewer than 2 years if this carry on ie. central banks and governments continue to maintain loose policies.
Therefore, it is advisable to avoid government bonds. It is too expensive now and a government bond bear secular market is arriving.
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