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

|By:, SA News Editor

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)