Swiss asset managers reckon that stocks are due for a fall. They’re also not sure whether bond markets provide a refuge, given ultra-low central bank interest rates. Ahmet Feridun, investment director at Cazenove Capital: “It would be hard to make the case for valuations rising much higher from current levels. There is a risk that the anticipated recovery fails to materialise – perhaps due to new variants of the virus. In this case, much of the future growth priced into equity markets could quickly unwind. There is also a possibility that policymakers have overstimulated the economy, creating too much inflation and forcing them to withdraw the safety net of low interest rates and asset purchases those investors have come to rely on. The recent rise in bond yields is evidence that the market is assigning an increasing probability to this outcome”
https://www.wealthbriefing.com/html/article.php?id=192046&page=0#.YQgCIC2230o
And here is the solution: REAL ASSETS, TO STRONG TO IGNORE! You don’t know what you don’t know.
