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polar bare

polar bare
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  • Has the "worship of stocks turned into the worship of bonds," asks Sober Look, noting - as have others - massive inflows into bond funds at the expense of stocks. Worth a look is the disappearing spread between the average yield on 5-year corporates vs. the S&P dividend yield - one can now get nearly the same yield holding the broad stock market as holding corporate paper. [View news story]
    Forrest Gump: "My mama always said life was like a box of chocolates. You never know what you're gonna get". I don't know how long I got to live so I must be dumber than dumb.
    Aug 27 09:07 PM | Likes Like |Link to Comment
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