Post GFC are shares the new place to be?
Written by David Burt on September 17th, 2013.
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Bonds, with their well-earned reputation for modest but steady returns, looked so very attractive in the risk-averse wake of the Global Financial Crisis (GFC). In fact they looked so good that huge amounts of cash chased bonds worldwide in the period 2008-2012. Understandable, of course, but the result has been what you always get when lots of money bids for one asset class – a price bubble.
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