Credit Suisse Sees No Irrational Exuberance to End Bull Market

The video discusses the state of Treasurys in 2019, addressing concerns about a potential market bubble. It explains that bull markets typically end with irrational exuberance, unlike the current market. The dot-com bubble of 2000 is used as a historical example of such exuberance. The current market is analyzed, showing a lack of irrational exuberance, with a focus on European pension funds and a 7% risk premium in Europe.

What is the average equity share of German pension funds mentioned in the text?

In what way does the speaker view the current state of equities in relation to bubbles?