Stories we should be thinking about
It has been a bull market for a while - and hence everyone thinks they are a genius - as nicely shown in this chart highlighted by @callum_thomas...
...see what I mean?:
Global stocks hit fresh high at 88.5tn (equal to 116% of global GDP) 30yrs after crash of 1987 as the Trump reflation trade in back en vogue
So valuations are full and the importance of knowing what you are investing in and why cannot be underestimated. Still as @jsblokland observes in the charts below, the one current great advantage of stocks versus bonds is the big pick-up yield in favour of the former:
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