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Thiel: We are in a government bubble of massive size

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Thiel: We are in a government bubble of massive size

CNBC.com staff | @CNBC

Silicon Valley venture capitalist Peter Thiel told CNBC on Monday that we are in a “government bubble of massive size,” and that the bond market is the most distorted of all the markets.

In a wide-ranging interview on CNBC’s “Squawk on the Street,” Thiel also spoke about tech investing, the PayPal-eBay split, Alibaba, cybersecurity and Elon Musk.

“I think the thing that is most distorted is the bond market and fixed income, and perhaps less on the equity side, but we certainly are back on a government bubble of massive size,” he said.

Tech stocks are quite a different story, he added.

https://www.cnbc.com/id/102082544

One thought on “Thiel: We are in a government bubble of massive size

  1. A very important thing for people to note: bonds will crash along with stocks the next time around. In fact, money fleeing from the bond market might soften the equity decline.

    Cash is a safe bet right now.

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