2min chapter

The Macro Trading Floor cover image

There's No Bull Case For Risk Assets

The Macro Trading Floor

CHAPTER

Is There a Risk Reward?

If risk free rates are 5% well you can look at it from a very practical perspective earnings yields Print that 5.5 or they're about on average So at least from a learning perspective you get roughly the same Part in it a great deal. We saw something similar in 2007. It doesn't exclude the possibility that You miss out on a very late cycle rally again, but If you look atIt from a statistical perspective with risk premiums Relative to some sort of normal distribution then I mean you basically don't want to buy anything right now That that is that is the simple conclusion from such a study.

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