Boreal CIO in Funds Society talking about recent market gyrations
https://www.fundssociety.com/en/opinion/market-myopia
https://www.fundssociety.com/en/opinion/market-myopia
As the Covid crisis weighs heavily on a fatigued population, financial markets move closer to euphoria; clinging to a widely accepted narrative that economies will rebound strongly when herd immunity is achieved, while interest rates will remain extremely low Not all asset classes can justify their seemingly lofty valuations. Given that prices discount … Continued
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