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Politics : Ask Michael Burke
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To: Knighty Tin who wrote (68677)10/6/1999 6:53:00 AM
From: Tatnic  Read Replies (1) of 132070
 
Mike...I seem to remember an old rule-of-thumb that says when bond yields get to be a certain level over the yields of the s&p 500 (I seem to remember the magic number is a 6% difference but not positive about the comparison w/ the S&P) then you'll see many start jumping out of the stock market into bonds. Intuitively it makes sense but what numbers/comparisons make sense to you?
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