Great Sucking Sounds

(1) In a world of overpriced bonds, US bonds are relatively cheap. (2) Yield-thirsty Europeans are slurping up US bonds. (3) Draghi’s corporate bond vacuum machine. (4) Buffett Ratio is one of many in buffet of measures signaling overvaluation. (5) S&P 500 is also pricey relative to revenues per share. (6) Until the next recession, stocks still look attractive through lens of record-low bond yields. (7) Chinese officials switching gears, while stepping on both the accelerator and the brakes. (8) IMF official warns China of debt excesses. (9) Getting less and less bang per yuan.