Happy Mother’s Day Mr. Bernanke

By |2013-05-12T16:43:56-04:00May 12th, 2013|Economy, Federal Reserve/Monetary Policy, Markets, Stocks|

In light of the current low interest rate environment, we are watching particularly closely for instances of "reaching for yield" and other forms of excessive risk-taking, which may affect asset prices and their relationships with fundamentals. It is worth emphasizing that looking for historically unusual patterns or relationships in asset prices can be useful even if you believe that asset [...]