Investors need to come back down to earth before the stock market bubbles over

Stock investors appear increasingly to live in a kind of capsule sealed off from the real world. Outside, winds may moan, storms threaten and the earth tremble but all that investors see is a rosy virtual reality projected onto a screen of make-believe.Stock markets continue to soar and bond markets climb along with them and the only thing that seems to bother capsule dwellers is deciding which of the two markets – equities or bonds – offers the most promising prospect of higher returns.This…

Read the original article at South China Morning Post