Re:Fund manager: ‘Nightmare’ US stock valuations driven by ‘...
by csomar on Thursday October 15, 2020 @05:36PM
(#24794330)
It's interesting how many people seem to overlook this. It, over-proportionally, affects assets with a far pay-off date. A stock could be worth $1 and $10 depending on the interest rate and have the same yield over xx period of time.
I have written about this in more details: https://omarabid.com/zero-rates-world