Stocks are expensive. Bonds are expensive. What is an investor to do? Unfortunately, the only answer appears to be to invest in new and unfamiliar assets, taking new and unfamiliar risks.
股票很貴,債券也很貴。投資者該如何是好呢?不幸的是,唯一的答案可能就是投資陌生的新資產,冒一些陌生的新風險。
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