
US Equities Reach The “Death Zone” Versus Bonds
The divergence between bond yields rising and earnings yields falling has driven the S&P 500 Equity Risk Premium to extremes beyond 2008 levels into the clearly defined 110 year “death
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The divergence between bond yields rising and earnings yields falling has driven the S&P 500 Equity Risk Premium to extremes beyond 2008 levels into the clearly defined 110 year “death
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