The Stock Market is Overvalued: A Bond Market Perspective U.S. stock markets are overvalued, with a duration of 75 at current levels. The refinancing cliff hasn't hit yet, which is likely to pressure earnings.
7 Macro Trends I’m Watching and Their Impact on Inflation We're facing an inflationary future--demographic decline, climate change, and rising debt will overwhelm the deflationary impact of AI and robotics.