Historically real yields have equated to real growth rates in the US economy of about 2%. Always tied into economic growth rates over the past 100 years, annual corporate earnings growth has averaged 1.5%, slightly less than the overall economy. Today real rates of less than zero suggest zero growth for the economy and even less for corporate earnings over the next 5 years. US stock prices meanwhile, are naturally pricing in endless record earnings gains as far as the eye can see. Sound like good value? Here is direct link.
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Cory’s Chart Corner
Load MoreEventually excessive greed bites people in the ass!
kristen shaughnessy @kshaughnessy2Mars FX Hedge Fund Goes Bankrupt.
$600 Million Missing,
Criminal Investigation, and Hedge Funds Want Even Less Oversight???
“…Tutera, 70, who was swindled in the GPB Capital fraud several years ago, has now sworn off hedge funds and private equity. “I’m really fed up with____________________________
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