Great Reset Akin to 1929 US and 1989 Japan? Commodity Leanings - Historically elevated US #stockmarket capitalization vs. GDP and #gold has inklings to 1929 in the US and 1989 in Japan. Room for reversion lower in equities could be preceded by the propensity for the top #commodity -- #crudeoil -- to get relatively cheap before bottoming. Falling government bond yields in the top exporters may guide global #deflation. Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/sue9ebt1um0w COMD} #commodities #crudeoil #energy #bonds #macroeconomics @BBGIntelligence