Valuation Snapshot: Earnings Yields Versus Bond Yields
This article was originally published on ETFTrends.com.
By Norman Conley via Iris.xyz As most experienced investors know, stock market valuations are a terrible timing tool for investors. Bull markets have often persisted for years after stocks have reached above-normal valuations (i.e. late 1990’s). Similarly, bear markets can develop even when valuations appear to be undemanding (i.e. late 2007). There are innumerable ways [...]