Loading ...IT REALLY IS DIFFERENT THIS TIME
For the first time ever yield on cash, bonds, & equities is the same. The yield on 3mth US Treasury bills was 5.3% this week after Fed held interest rates at between 5-5.25%. That is the same level as the expected 12mth forward earnings yield across the S&P 500, which has risen… pic.twitter.com/OiumQCf99v
— Holger Zschaepitz (@Schuldensuehner) June 18, 2023
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