Monday, December 3, 2012
John Mauldin's Outside the Box - Popular Delusions: The bull case for safe havens
For Grice’s previous piece, see
A month ago in Outside the Box, Dylan Grice made the case for the need for safe havens, due to expansive monetary policy. But what is a safe haven anymore?
In today’s piece, a follow-up to last month’s, Dylan gives us a very good rundown on the historical relationship between equities and government bonds, in order to point out the very atypical current negative correlation between them.