This kind of reminds me of the 80's but the opposite. Back then everyone was saying you shouldn't own stocks because T-bonds yields are so high. Then stocks rallied 1500% in next two decades. Now people are saying you should own stocks and avoid T-bonds because yields are so low. I know it's early for credit crisis round 2 calls, but... negative yields in the future?
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This kind of reminds me of the 80's but the opposite. Back then everyone was saying you shouldn't own stocks because T-bonds yields are so high. Then stocks rallied 1500% in next two decades. Now people are saying you should own stocks and avoid T-bonds because yields are so low. I know it's early for credit crisis round 2 calls, but... negative yields in the future?
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