Everything is a Search for Yield. Bitcoin Tech Talk #234
jimmysong.substack.com
Bonds are returning very low, some even negative interest rates. Stocks have insanely high P/E ratios and low, if any dividends. Housing price to rent ratios are similarly high and generate comparatively little earnings for the cost. The macroeconomic conditions are such that there’s really no yield anywhere in the traditional markets.
Everything is a Search for Yield. Bitcoin Tech Talk #234
Everything is a Search for Yield. Bitcoin…
Everything is a Search for Yield. Bitcoin Tech Talk #234
Bonds are returning very low, some even negative interest rates. Stocks have insanely high P/E ratios and low, if any dividends. Housing price to rent ratios are similarly high and generate comparatively little earnings for the cost. The macroeconomic conditions are such that there’s really no yield anywhere in the traditional markets.