Valuation – S&P 500 Forward P/E and 10-Year U.S. Real Yield

Valuation – S&P 500 Forward P/E and 10-Year U.S. Real Yield The current valuation of U.S. stocks does not accurately reflect the impact of real interest rates on the economy. Will the valuation disconnect be temporary? Image: Goldman Sachs Global Investment Research

U.S. 10-Year Real Yield (TIPS)

U.S. 10-Year Real Yield (TIPS) The U.S. 10-year real yield hits 14-year high. Will the U.S. equity market hold? Image: BofA Global Research