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Strategies & Market Trends : P&S and STO Death Blow's

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To: jjkirk who wrote (11917)10/23/2002 12:03:05 AM
From: h8_2_b_l8  Read Replies (1) of 30712
 
The Fed fair valuation model. It's basically the forward P/E of the S&P 500 divided by the 10yr bond rate. It is supposed to show at which level the S&P 500 and 10 YR bonds are in harmony. It doesn't account for economic risk premiums though
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