Prices of financial assets worldwide are being reinflated thanks to record-low interest rates, resulting in easy money. Investors have responded by jumping into riskier assets. JPMorgan's weekly Global Data Watch tells investors to "go for yield." "Investors should look for high beta and more distressed sectors to outperform," it says. Those sectors include "high yield, collateralised loan obligations, AAA subprime securities and commercial mortgage backed securities." It appears to be a return to 2007, raising questions about low rates and what they are accomplishing, Henny Sender writes.