It seems the stock markets haven’t yet recognized that equity risk premiums have turned negative. The yield on the 10y US bond is now higher than the earnings yield of the S&P 500. - Sky-Tide Media

It seems the stock markets haven’t yet recognized that equity risk premiums have turned negative. The yield on the 10y US bond is now higher than the earnings yield of the S&P 500.

October 31, 2024

It seems the stock markets haven’t yet recognized that equity risk premiums have turned negative. The yield on the 10y US bond is now higher than the earnings yield of the S&P 500.

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