For investors and regular folks just trying to protect and growth their wealth, now is the hardest of all possible times.
As we've written extensively about here at PeakProsperity.com, we're living through the Mother of all Financial Bubbles. Simply maintaining this sham is requiring the world's central banks to inject an enormous amount of thin-air money into the markets. Every. Single. Day.
Everything has become distorted. Price signals are completely broken and mean nothing. Fundamentals? They haven't mattered for nearly a decade. It’s very, very hard to maintain one’s perspective during such a time.
And things get even more nuts each time a critical election occurs, as we just had yesterday in France. The repeating pattern we see is a massive amount of hot money pouring into the “”markets”” after the results are announced (requiring double quotes because they are so massively distorted now that one set isn’t sufficient).
So in the wake of yesterday's vote in France, which pretty much went the way folks were predicting, we're supposed to believe that US equities are suddenly worth more, and European stocks a lot more:
The usual relationship is that if stocks are jumping, then bonds are falling (which means bond yields are rising, because they move opposite to bond prices).
But that’s not the case here. Both stocks and bonds are now worth more too, as bond yields are falling in concert with rising equities. A recent article on ZeroHedge explains this nicely: Don't Look Now But Bond Yields Are Tumbling
by thc0655 
