2024 03 15 A Bubble Central Banks Wont Try To Pop It (1)
289KB ∙ PDF file
I don't think we are in a bubble YET, but we wouldn’t rule the possibility of entering one – especially if the soft landing is confirmed (with echoes of the late-90s). But one thing is clear – central banks won't raise rates just to “lean against” stocks. That’s just not what they do.
