- March 5, 2018
- Blog , The Portfolio Strategist - Terry Gardner
C.J. Lawrence Weekly – Bond Yield Forecasts Still Not Competitive with Earnings Yield on Stocks
The interest rate components of the Monitor highlight the importance of the rate of change in bond yields versus the direction and levels of equity earnings. But the rate sensitive components have been less useful over the past decade as record low rates tilted those component models overwhelmingly ...