I think all asset prices got juiced when interest rates were very low. What we've been experiencing this so far this year with the run up in rates is just a normalization in price. So, if you look around the spectrum of assets out there, they all feel like they're coming back close to where they should be long run. I don't get the sense yet that we've gotten to a place where they're screaming value out there.
Today we're sharing an episode of The Prof G Pod, Scott Galloway's other favorite podcast. Enjoy!
Mark Zandi, the chief economist of Moody’s Analytics joins to discuss the economy, including geopolitical uncertainty, the housing market, and why he’s not all that concerned about a possible recession. Follow Mark on Twitter, @Markzandi.
Scott opens with his thoughts on investing in Chinese stocks.
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