Bullish consensus on equities misguided

Jamil Baz argues in the Financial Times that the bullish consensus on equities is misguided.

It’s based on dubious metrics, and it ignores leverage, he says. Pressure to deleverage is mounting, and when it happens a bear market will likely follow.

Read more here.

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Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.