Skip to content
Sep 17 2020

Low Yields Provide Rarified Air For Stocks!

  • Sep 17, 2020

Bond yields and earnings are both currently low.

During the post-war era, the stock market has done best when yields have been the lowest (despite the fact that low yields are often associated with poor earnings results). This is illustrated in Chart 1, which shows the S&P 500 average annualized total return and the frequency of negative monthly returns by U.S. bond yield quartiles (1950-to-date).

Subscribe to Paulsen's Perspective

Paulsen's Perspective subscriptions include a no-obligation 14-day trial. Cancel at any time before the 14 days are over and you will not be billed.

Subscribe now
James Paulsen


For full access, please enter your credentials.

About The Author

James Paulsen / Chief Investment Strategist

Interested in Investing in a Model?

Contact us if you are interested in investing in our ETF models.