Stocks are pricey but so are bonds and gold. Even bitcoin has caught a bid after a months long fallow period recently, giving way to a powerful burst higher.
That dynamic has left many investors, strategists and other Wall Street watchers wrestling with some tough questions: What to buy if everything is trading at a relative premium to historic averages and the swiftly changing narrative on trade or the economy could ignite stomach-churning price swings?
And if it feels like the recent tandem asset run-up has the markets on a knives edge, it may be for a good reason. “Things can quickly change on a dime…
