New research shows how the gap between stock earnings yields and real bond yields helps forecast long-term market behavior.
Larry, how similar is this reported metric to the Victor Haghani's Elm Wealth approach?
the same as both use spread not over tiblls but what IMO is the real risk free rate TIPS (as tbills do have some inflation risk, but risk of real rates moving)
Larry, how similar is this reported metric to the Victor Haghani's Elm Wealth approach?
the same as both use spread not over tiblls but what IMO is the real risk free rate TIPS (as tbills do have some inflation risk, but risk of real rates moving)