Japanification, Liquidity Traps & Chateau Latour

Japanification, Liquidity Traps & Chateau Latour (Report from BofA Merrill Lynch) Developed market equities are stuck in a trading range Investors continue to prefer bonds over equities (Chart 1). Until there is a secular bear market in bonds, there can be no secular bull market in equities. We think a bear market in bonds will … Continue reading

Markets Pricing In Global ‘Paradigm Change': El-Erian – CNBC

{{desc}} via Markets Pricing In Global ‘Paradigm Change': El-Erian – CNBC.

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