The IMF Calls Asset Prices ‘Stretched’
The International Monetary Fund has joined the bears, warning that assets are overvalued and that markets are unusually calm considering how unimpressive the global recovery has been and the risks that we’re facing over the next year.
“Valuations in virtually all major asset classes are stretched relative to past norms,” says the IMF report prepared ahead of this weekend’s G20 meeting in Australia. “Long-term bond yields have declined further especially in the euro area but also . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible