This is likely the news you are to be distracted from hearing…
YES we know that MR Thiel is a Bilderberger etc…
CNBC (GE / Comcast)
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. (see metals too..)
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.
Read MoreCNBC NEXT List: Peter Thiel
“They’re somewhat overvalued but that’s not the core of the insanity,” he said. “Tech investors always overrate growth and always underrate durability. You can measure growth but you can’t measure durability.”
He said he thinks Airbnb is undervalued.