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    May 28, 2021

    US | Are asset prices misaligned from macro fundamentals, and if so, what does that imply?

    The quick and strong increase in asset prices after the Covid-19 shutdown has raised concerns about potential bubbles. An inquiry into the historical alignment of equities, investment-grade corporate bonds, and home prices to broad macroeconomic metrics finds overvaluation in the equities asset class.

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    June 13, 2016

    Bonds at the price of gold

    The ECB has just added another twist to its unconventional monetary policy measures.

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