Warren Buffett: “Interest rates act like gravity on valuation”
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Warren Buffett: “Interest rates act like gravity on valuation”
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One reply on “Gravity is Baaaaack !”
If due to monetary tightening in US, the 10-year bond yield rise to 3.5%, it will let loose a big havoc on global equity markets like, probably never seen earlier. I think more than 3 to 4 trillion dollar would move in this melee.