GlobeIs there a way to restore/enhance the relevance to investors of the Fed model, which is based on a putative investor-driven positive relationship between stock market earnings yield (equity earnings-to-price ratio) and U.S. Treasury bond (10-year) yield? In his February 2023 paper entitled "The Fed Model: Is it Still With Us?", David McMillan re-examines the.........
Mar 09 2023
Fed Model Nuance [PREMIUM]
| published by | Steve LeCompte |
|---|---|
| in blog | CXO Advisory |
| original entry | Fed Model Nuance [PREMIUM] |
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