Originally posted by GreenBicMan
Take a look at the 10 year yield in the 90's.
Much higher than this and the market did pretty unbelievable if I remember correctly. Yeah, blah blah blah.. more information that doesn't mean
anything. It is all hype to keep you clicking on hyperlinks etc.
Take a look at the yield on the 10 year just before the market crashed in 2008 - pretty much where it is now.
Debt level are far more extreme today and valuations are far more sensitive to interest rats than they were in the 90's, or even 80's for that
matter.
[edit on 6-4-2010 by leo123]