No place for bitcoin in Brookfield’s ‘wealth of things’: Bruce Flatt | afr.com
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Flatt also offered to shareholders two other twinned clarions that announced the need for circumspection, global equity and bond markets.
Brookfield’s man noted that stock market indices had hit all-time highs having averaged 20 per cent compound growth over five years and that government bonds remained historically expensive while corporate and high-yield spreads are at historic lows.
“Look, I do not want to leave you with the impression that the market is going to tur…