Financial Times referenced analysis from Smith Affiliated Capital’s market research piece, “The Return of Competition for Capital,” in its article, “The Great Bond and Equity Conundrum,” discussing equity valuations, Treasury yields, and the evolving relationship between stocks and bonds.
The article cited Smith Affiliated Capital’s observations regarding the narrowing gap between equity earnings yields and Treasury yields and the renewed competition for investment capital following an extended period of abundant liquidity.
Read “The Return of Competition for Capital”
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Financial Times independently selected and referenced Smith Affiliated Capital’s research. The citation does not constitute an endorsement of Smith Affiliated Capital or its advisory services.