With bond and equity markets stretched and “possibly the most elevated in aggregate… history,” a Deutsche Bank report takes a frank look at the potential for the next financial crisis. Considering a statistical analysis of the financial crisis and correlated factors, there are several conditions that currently stand out. While over the past few years, a crisis has been predicted by many including prominent investors, it is rare to see a big bank make such a dire forecast.
[dalio]

Ahead of next financial crisis, Valuations are currently stretched to levels not seen in hundreds of years
Looking back more than 200 years ((and in some cases 800 years (although BAML going back 5k...

