For the first time in 22 years, the 10-year Treasury yield has exceeded the S&P 500's earnings yield.
The S&P 500 equity risk premium has also fallen to -0.44%, well below its long-term average.
Over the last 5 years, the difference in yield has fallen by 5 percentage points… pic.twitter.com/hR5gSb35HH
— The Kobeissi Letter (@KobeissiLetter) November 17, 2024
Looks like they’re killing the economy and starting WW3 before Trump enters office..that’s if he gets in at all..
🚨BREAKING: The Federal Reserve's emergency BTFP dropped by a shocking $30 billion this week, leaving only $26 billion left.
Jerome Powell is pulling the liquidity rug away to trigger a crisis, exactly like Feb 2020. https://t.co/oZixHjNdUr pic.twitter.com/hbzDa6TE5F
— Financelot (@FinanceLancelot) November 15, 2024
BREAKING: Biden greenlights the use of long-range missiles deep inside Russian territory, escalating tensions beyond Putin's redline. https://t.co/i805klxzzE pic.twitter.com/BUzlPbx50m
— Financelot (@FinanceLancelot) November 17, 2024
AC