COLUMN-Everyone (only) complains about bubbles: James Saft

April 16, 2015 8:36 PM

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April 16 (Reuters) - Bubbles are a bit like the weather: everyone complains but no one does anything about them.

That's one interpretation of the most recent survey of fund managers by Bank of America Merrill Lynch, which found growing conviction that both global stocks and bonds are over-valued and that "equity bubbles" represent the biggest tail-risk they face. The proportion who think both stocks and bonds ...

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