GMO company blog
The Hazards of Asset Allocation in a Late-Stage Major Bubble
The long bull market since 2009 has matured into an epic bubble, featuring extreme overvaluation, explosive price increases, frenzied issuance, and hysterically speculative investor behavior.
- Points
- 125
- HN comments
- 127
- Submissions
- 1
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- 0 commenters
On Hacker News
| Submitted | Title on HN | Points | Comments |
|---|---|---|---|
| Jan 10, 2021 | The Hazards of Asset Allocation in a Late-Stage Major Bubble by monsieurpng | 125 | 127 |