A couple of months ago I heard someone on Bloomberg Markets saying that all assets were inexplicably rising at the same time -- stocks, real estate, collectibles, BTC, etc. And now it seems that all assets are falling at the same time. What is the underlying reason for this? One explanation that comes to mind is that people are selling all of their other assets in order to buy into the falling stock market. Or is it some underlying economic thing with the fiat economy?
Not sure.
But it is troubling that some "safe haven" assets (like PMs) that in the past were considered inversely correlated with equities haven't caught the bid people would normally expect. It makes me believe that these assets are also over leveraged/inflated and tightly controlled by the Fed and CBs. It's like they don't want money to be able to run anywhere but where they want it to go (or stay). No free market.
The "everything bubble"?