Most investors think the relationship between interest rates and prices only applies to fixed rate bonds, but the rate impact on discounting future cash flows applies to all income-producing assets.
Tag Archives | Federal Reserve
The widely-quoted Shiller P/E measure of the S&P500 now stands well above its long-term average, but is this a reliable signal that the US market is seriously overpriced?
With the ‘tapering’ finally announced last night, it’s as important as ever to understand what’s happening. So when Rick Cosier asked some of the questions many would like answered, Warren Bird obliged.