Credit Suisse Sees No Irrational Exuberance to End Bull Market

The video discusses the state of Treasurys in 2019, addressing concerns about a potential market bubble. It explains that bull markets typically end with irrational exuberance, unlike the current market. The dot-com bubble of 2000 is used as a historical example of such exuberance. The current market is analyzed, showing a lack of irrational exuberance, with a focus on European pension funds and a 7% risk premium in Europe.

What concern does the speaker address regarding Treasurys for 2019?

• The possibility of a bubble

• The rise of interest rates

• The impact of inflation

• The decline in bond yields

According to the speaker, what typically signals the end of a bull market?

• A sudden drop in stock prices

• Irrational exuberance and euphoria

• A rise in interest rates

• A decrease in consumer spending

What historical event does the speaker use to illustrate the end of a bull market?

• The 2008 financial crisis

• The 1973 oil crisis

• The 1987 stock market crash

• The dot-com bubble of May 2000

What is the average equity share of German pension funds according to the speaker?

• 25%

• 7%

• 11%

• 50%

What does the speaker suggest about the current state of equities in Europe?

• They are in a bubble

• They are experiencing irrational exuberance

• They are not in a bubble

• They are undervalued