Bond/S&P Ratio: Is The Downtrend Broken?
Money has been moving into bonds and leaving stocks over the last few days as can be seen in the above 2 year chart of Bonds vs S&P ratio. This ratio has been in a downtrend since May of 2005 which means that bonds have been under performing stocks. The ratio line now appears to be breaking this downtrend which would mean bonds will now outperform stocks. This is a good chart to keep an eye on and I'll update it in the coming weeks.
1 comment:
Found this old column of yours. Really good stuff u noticed in march 2007.
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