Relevant:
- The U.S. stock market is 66% higher than it should be
- Shopping for homes while hungry for yield
- 35-Year-Old Bond Bull (FINALLY) Is on Its Last Legs
- A Fed Insider Just Confirmed The Fed Isn't Coming to the Rescue This Time - Gains Pains & Capital
- ECB Buys Negative Yield Covered Bonds; Trade Guaranteed to Blow Up
2016-07-21 — zerohedge.com
``No one panic buys every single day at the exact same time for days on end... Which brings us to today... Buying stocks for their yield because bonds are at their lowest yields in 5000 years is like switching to cigarettes from crack for health purposes. ''
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