Funny deadzone I was thinking the same thing. This is the everything bubble. I could buy SDR’s reasoning if you ignore that one uncomfortable fact. All financial assets are tightly correlated and cash will be the only place to run when things stumble next time. Unfortunately that’d drive interest rates up very fast, or should anyway.
I too have been mostly wrong these last 8 years, so my opinion is slightly less valuable (some might say deflated) than in years past.
Josh
