Market valuation is quite reasonable. Per a Bloomberg.com article on December 10, the gap between the earnings yield on the S&P and 10-year note yields is the biggest in 20 years, and speaks to the possibility that stocks are, in fact, very reasonably priced at current levels.
~ Bernie Schaeffer, Schaeffer's Monday Morning Comment, December 17, 2007
Showing posts with label Fed model. Show all posts
Showing posts with label Fed model. Show all posts
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