2min chapter

Forward Guidance cover image

Will Janet Yellen Pull the Trigger? | Andy Constan

Forward Guidance

CHAPTER

The Risk Premium of Bonds

To have the same risk in each asset, you have to have twice as many bonds as you have stocks to earn the same return. Certain equities have a lower risk premium than others. Meme stocks have a particularly high crypto may have a high risk premium. So that's how I think about overall risk premiums.

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