From a long term perspective, investors want to be involved with assets that are trending higher.
This week’s video asks what can we learn about the stock market’s long-term risk-reward profile by studying three charts: 1). S&P 500 vs. 30-YR Treasuries, 2). Value Line Geometric Index, and 3). The NASDAQ.
Investing For Income Is A Whole New Ballgame
We have long covered and used the stocks to bonds ratio as an indicator/input for our analysis in the markets. Although that’s likely to continue, it is important that we realize that the stocks to bonds ratio is changing… and the next 17 years may look dramatically different than the previous 17 years.
All instruments that pay dividends have bond-like characteristics, including preferred stocks, MLPs, and REITS. Therefore, the concepts in this week’s video impact all yield-oriented or income-oriented investments.
This Week’s Stock Market Video
After you click play, use the button in the lower-right corner of the video player to view in full-screen mode. Hit Esc to exit full-screen mode.
Thanks for watching and have a great week fellow investors.
Twitter: @CiovaccoCapital
The author or his clients may hold positions in mentioned securities at the time of publication. Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
