zerohedge.com / by Tyler Durden / Nov 11, 2016 3:46 PM
Are stocks still cheap?
Stocks and Bonds (closed today with TSY Futs unch) now have the same yield for the first time since Jan 5th
Bond-like stocks or stock-like bonds?
The “Buy and Hold” narrative spewed by every asset-gatherer and commission-taker is perhaps far better understood as “buy and hold on tight” as the following chart shows, for many, equity exposure is simply inappropriate (or too scary)!