Saturday , 17 November 2018


Tag Archives: 10-yr real adjusted P/E ratio

Equities – the "World’s Worst Cult" – are About to be Destroyed! Got Gold?

RBS is sounding the alarm on risk assets with a call that markets are at risk of falling off the edge of the cliff - by as much as 60-70%! They refer to equity investors as the “worst cult in history….which has no basis in fact, or history, but yet seems universally accepted.” They believe the current downturn could very well “destroy” this “cult”. They’re not just bullish on treasuries –they are super bulls with a 2% target on 10 year yields. Words: 1378

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