Which Financial Assets Are Over Priced? MOST OF 'EM.

Headline:

Throw A Dart

Amid Predictions Revenue Could Tank 50%, Asset Managers Still Unprepared For Mifid II

[dalio]

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QE, quite simply, DISTORTS FINANCIAL ASSET PRICES…meaning that we currently do not know the REAL price of any Financial Asset…that is until QE is Completely Withdrawn.

In the absence of QE almost all Financial Asset Prices [Equities + Corporate Bonds + Sovereign Debt etc] ought to be lower…for a variety of reasons…particularly since Global Central Banks Have Manipulated Prices For 8+ Years…in concert with suppressed interest rates…to specifically effect Capital Markets Decision/Valuation Models [Qualitative + Quantitative].

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And while Distorting Asset Prices...