Stock Market Rally: Fundamentals vs FOMO
Many Happy Returns
00:00
The Rise of the Equity Risk Premium
Michael Schulder: I think Goldman Sachs coined this phrase Tara. That cronyms aren't they? You know, bricks. There is a reasonable alternative, which is a dramatic reason. So anyway, Tara is what everyone seems to have gone with. But it's interesting that there's been a pretty healthy risk premium sometime now. He says over the long term, maybe Tina still applies; you've got to be in stocks primarily.
Transcript
Play full episode
