Gyroscopic Investing

anyone paying attention to this? I ask because I've heard before that the BIS is the central bankers bank.

http://www.telegraph.co.uk/finance/news ... warns.html

aren't central bankers and other politicians supposed to say things to build confidence?

Yes I saw reports of this on Monday, thinking it through was a bit doomer;

* BIS says equity and fixed income prices unusually high
* QE has depressed Gilt (LTT) yields by 1.9%
* Uk house prices are still perceived as high, propped up by a government first time buyers scheme
* Interest rates are very low

Thats pretty much every asset class DOOMED by government intervention:)

I think Slotine has it bang to rights, don't fight the FED (BoE in my case).