Morgan Stanley: “This Is The Most Dangerous Time As Hope And Greed Overtake Fear And Loathing”

Sunday, August 21, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
Aug 21, 2016

“It is often said that a rising tide lifts all boats, but perhaps the more pertinent question just now is whether this logic works in reverse… Although equity valuations continue to look extremely attractive relative to bonds, there is always a plausible argument that the equity rally will continue; however, this is potentially the most dangerous time for investors as hope and greed overtake fear and loathing.”

The Rest…HERE

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