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Saturday, March 15, 2014

Jeremy Grantham - Bonds Are Nerve-rackingly Overpriced

What about bonds?

They look absolutely, nerve-rackingly overpriced, and in a crisis, who knows what will happen to those securities? They could make stocks look like a safe haven if the next bust occurs at the federal levels of the large countries. Bonds, including government bonds, are a lot more dangerous than people imagine.

1 comment:

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