As Rates Rise Dispersion Of Earnings Yield Of S&P 500 Hits A New High

One of the primary stories in financial markets this year is that of rising interest rates. While the actions of the US Federal Reserve to tighten monetary policy have attracted plenty of attention in themselves, a more significant story is the increase in short-term rates that has been occurring alongside the Fed’s more public actions. Record Gap Between Hard And Soft Economic Data How to overcome gambler’s fallacy and confirmation bias Anbang Is China’s Lehman Moment: Crescat Capital Five Forecasters: Few Warning Signs Why Short-Term Muni Bonds Should Excite You The bulk of this move can be attributed to the…