Valuation – Nasdaq 100 Relative to S&P 500 vs. U.S. 10-Year TIPS Yield
Valuation – Nasdaq 100 Relative to S&P 500 vs. U.S. 10-Year TIPS Yield Historically, it’s good for the U.S. stock market if U.S. real yields remain modestly positive. Image: Goldman Sachs Global Investment Research