dcfox83

Thanks Beat The CFA for the confirmation.

Yes, I too feel that I am being too simplistic - but I hope to substantiate the deltas between the interest rates and the bubbles with some level of sophistication in the coming months. All the better if I can support this from a pragmatic point of view - not just theory.

BTW, out of curiosity at what level of CFA are you currently stuyding for. And are you working in the industry. No problems if you feel uncomfortable with the answers.

Thanks again.