Jul

6

I was thinking while away that someone is going to make the case soon that stocks should be 10 times higher than they are now, because they are comparably volatile to bonds, and yield 10% return on equity + growth of 5% versus 2% on bonds via the Gordon model or some such. 


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  1. Vikram Krishnan on July 7, 2012 4:56 am

    Or alternatively, bonds should be much cheaper. The more I look at the bond market and the behavior of governments, the more I am lead to believe that the ‘bonds as a safe haven’ may not be valid anymore.

  2. 徐鹏 on July 7, 2012 12:33 pm

    a student from china want to know something about arbitrage and find victor’s blog is really interesting.

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