After checking the result, I looked up dividend yields and calculated the compounded return. Then I looked up historic dividend yields versus bond yields.Social Awareness poll: Without cheating, what was the inflation-adjusted capital gain in the US equity market for the 75 years following the 1906 peak. Recall how much wealth was created in that window.
— Dave "Rent this Space" Collum (@DavidBCollum) April 12, 2023
Iron ore rally overshot
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The iron ore bear market rally needs a new spur as steel and margins stall:
Dalian futures likewise look toppy: And coking coal: Steel output is still
ri...
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