Securities prices are extraordinarily high, considering the backdrop of flaccid economic growth. Bond prices have soared on the back of quantitative easing by the Bank of Japan, the Federal Reserve, and the European Central Bank.
考虑到经济增长的萎靡，证券价格高得有些离谱。债券价格在日本银行、美联储和欧洲央行采取量化宽松后一飞冲天。从伦敦到旧金山的房地产价格已经达到了让人喷血的水平。那么，应该做些什么将发生快速急剧的资产价格反转的风险降到最低？