Comments on: Bill Gross: “almost all assets appear to be overvalued on a long-term basis” http://www.creditwritedowns.com/2009/10/bill-gross-almost-all-assets-appear-to-be-overvalued-on-a-long-term-basis.html a finance news and opinion site Sun, 21 Mar 2010 18:21:48 +0000 hourly 1 By: Edward Harrisonhttp://www.creditwritedowns.com/2009/10/bill-gross-almost-all-assets-appear-to-be-overvalued-on-a-long-term-basis.html#comment-8216 Edward Harrison Tue, 27 Oct 2009 23:34:25 +0000 http://www.creditwritedowns.com/2009/10/bill-gross-almost-all-assets-appear-to-be-overvalued-on-a-long-term-basis.html#comment-8216 It seems like Gross is also saying to favor treasuries up through the ten-year. Last year, I thought we were seeing a bubble in Treasuries (some called it a flight to liquidity). But, after the pullback and the lack of policy traction we have seen, it does seem like a Japanese scenario is the best we could hope for. <br><br>Your "world of low returns due to little innovation and mild deflation" seems on the mark. It seems like Gross is also saying to favor treasuries up through the ten-year. Last year, I thought we were seeing a bubble in Treasuries (some called it a flight to liquidity). But, after the pullback and the lack of policy traction we have seen, it does seem like a Japanese scenario is the best we could hope for.

Your “world of low returns due to little innovation and mild deflation” seems on the mark.

]]> By: Aki_Izayoihttp://www.creditwritedowns.com/2009/10/bill-gross-almost-all-assets-appear-to-be-overvalued-on-a-long-term-basis.html#comment-8215 Aki_Izayoi Tue, 27 Oct 2009 23:12:52 +0000 http://www.creditwritedowns.com/2009/10/bill-gross-almost-all-assets-appear-to-be-overvalued-on-a-long-term-basis.html#comment-8215 One of the few asset classes that I do not see as "overvalued" are Treasury bonds. 10 year Treasuries at 350 basis points would be an excellent asset to own if one expects a world of low returns due to little innovation and mild deflation. <br><br>If one is bearish on emerging markets, then buy Treasuries. One of the few asset classes that I do not see as “overvalued” are Treasury bonds. 10 year Treasuries at 350 basis points would be an excellent asset to own if one expects a world of low returns due to little innovation and mild deflation.

If one is bearish on emerging markets, then buy Treasuries.

]]> By: Edward Harrisonhttp://www.creditwritedowns.com/2009/10/bill-gross-almost-all-assets-appear-to-be-overvalued-on-a-long-term-basis.html#comment-7000 Edward Harrison Tue, 27 Oct 2009 17:34:25 +0000 http://www.creditwritedowns.com/2009/10/bill-gross-almost-all-assets-appear-to-be-overvalued-on-a-long-term-basis.html#comment-7000 It seems like Gross is also saying to favor treasuries up through the ten-year. Last year, I thought we were seeing a bubble in Treasuries (some called it a flight to liquidity). But, after the pullback and the lack of policy traction we have seen, it does seem like a Japanese scenario is the best we could hope for. <br><br>Your "world of low returns due to little innovation and mild deflation" seems on the mark. It seems like Gross is also saying to favor treasuries up through the ten-year. Last year, I thought we were seeing a bubble in Treasuries (some called it a flight to liquidity). But, after the pullback and the lack of policy traction we have seen, it does seem like a Japanese scenario is the best we could hope for.

Your “world of low returns due to little innovation and mild deflation” seems on the mark.

]]> By: Aki_Izayoihttp://www.creditwritedowns.com/2009/10/bill-gross-almost-all-assets-appear-to-be-overvalued-on-a-long-term-basis.html#comment-6999 Aki_Izayoi Tue, 27 Oct 2009 17:12:52 +0000 http://www.creditwritedowns.com/2009/10/bill-gross-almost-all-assets-appear-to-be-overvalued-on-a-long-term-basis.html#comment-6999 One of the few asset classes that I do not see as "overvalued" are Treasury bonds. 10 year Treasuries at 350 basis points would be an excellent asset to own if one expects a world of low returns due to little innovation and mild deflation. <br><br>If one is bearish on emerging markets, then buy Treasuries. One of the few asset classes that I do not see as “overvalued” are Treasury bonds. 10 year Treasuries at 350 basis points would be an excellent asset to own if one expects a world of low returns due to little innovation and mild deflation.

If one is bearish on emerging markets, then buy Treasuries.

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