Stocks Divided by Bonds

The big story hasn’t been rising stocks; it’s been rising stocks along with cratering bonds.

Here’s a simple chart to see it — stocks divided by bonds (SPY/TLT). If you look really hard, you can almost make out a major shift starting about a month ago.

sc12122016b

Posted by on December 12th, 2016 at 12:06 pm


The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.