Popularity And Beauty Contests
“Illusion vs. reality”. Today’s low interest rate environment suggests sufficient market liquidity – and yet there have been shortages. Risk premiums are likely to be rising.
„Schein & Sein“. Die tiefen Zinsen suggerieren ausreichende Liquidität für die Märkte. Trotzdem dürften die Risikoprämien ansteigen.
Inversion, aversion, perversion, reversion