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Yesterday's drop in stocks and gain in bonds put the S&P 500 dividend yield 50 basis points...

  • Thursday, May 17, 2012, 9:45 AM ET
    Yesterday's drop in stocks and gain in bonds put the S&P 500 dividend yield 50 basis points higher than the 10-year Treasury yield. There were just 3 days in 2011 when the spread was greater than that - all would have been pretty good times to buy shares and go the beach for a few months. (h/t Bryan Mortenson)
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    Meaningless in a ZIRP environment.
    17 May 2012, 09:47 AM Reply Like
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