Wednesday: FOMC Announcement, ADP Employment, Construction Spending, Job
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Wednesday:
• At 7:00 AM ET, The Mortgage Banker...
2020-09-26
Long-Term Stock to Bond Ratio
The Dow Jones Indsustrial Average peaked in 2018 versus the 30-year bond. The Nasdaq (Nasdaq 100 in the chart below) has gone much higher. Highlights the divergence in performance. Also, moving forward the Dow and Nasdaq will resolve in a similar manner, but the Dow chart looks kind of bullish. Dow beating Nasdaq and bonds would likely accompany tumbling bond prices and higher inflation in coming years.
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Charts
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