Sentences with phrase «extreme valuation differences»

This partly explains extreme valuation differences between equities and government bonds.

Not exact matches

While none of these portfolios is likely to produce particularly inspiring returns — a function of already elevated valuations for both U.S. stocks and bond — the difference between the two extremes is still important.

Those differences are informative, because they highlight points where market valuations — instead of normalizing — reached historic extremes at the end of the 10 - year projection horizon (1974, 1998 - 2000 and 2015, respectively).