"Mm Mm Good" – But Very Expensive: 720 Global

Insatiable demand for stocks with above average dividends is forcing valuations to diverge significantly from historical norms.

Bond Yields – “Mm Mm Good” — But Very Expensive by 720 Global No U.S. bond trader under the age of 56 has traded in a prolonged bear market. That striking fact is a function of steadily falling bond yields since 1981. Over this era, investors have been increasingly mesmerized into trusting that yields may never…

(Source: 720 Global via Value Walk)