"Interest income is in a full-fledged bear market and dividend income is in a massive bull...
"Interest income is in a full-fledged bear market and dividend income is in a massive bull market," says David Rosenberg, turning bullish on stocks at the expense of Treasurys for the first time in forever. The S&P yield hasn't had this great of a spread over the 5-year Treasury since the late 1950s.
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