2 Replies to “The Seventh Annual “Summer of Recovery””

  1. Low world wide interest rates are driving investment into equities. Combine that increased risk with currency wars and the recipe for another enormous financial bust.
    IMHO the 2008-09 crisis was caused by investment desire for enhanced returns. It happened to be focused on the mortgage business. I appreciate that politicos helped the process as well.
    Huge pension plans are forced into larger equity exposure because debt does not yield enough return to meet demands on pensions. Very scary times.

Navigation