Sep

25

If yields on all treasuries of all durations are going to zero forever and ever, it seems possible that a bubble could develop in the Falkenstein-ish safety stocks, the Proctor and Gambles, the Pepsis, the Philip Morrises–anything that has a 2-3 percent dividend yield that's expected to grow slowly with minimal risk and minimal connection to the economy.

Kim Zussman writes: 

Relatedly, what exactly is a risk-free asset?


Comments

WordPress database error: [Table './dailyspeculations_com_@002d_dailywordpress/wp_comments' is marked as crashed and last (automatic?) repair failed]
SELECT * FROM wp_comments WHERE comment_post_ID = '6792' AND comment_approved = '1' ORDER BY comment_date

Name

Email

Website

Speak your mind

Archives

Resources & Links

Search