Swiss Economicblogs.org
A warped manifestation of the fear and greed trade-off that used to characterize investor behavior has developed, according to Bloomberg’s Richard Breslow. Asset managers are exhibiting the manic depressive drive to simultaneously throw caution to the wind, ignoring all risk metrics while plaintively bemoaning the lack of safe havens. S&P 500, 2016 EPS Expectations Fear and greed was a continuum, allowing for an...
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