Enjoyable article and discussion on how to use and frame relative valuation information. For the TIPS value, what duration bond is used? I was surprised by the movement in ~2008 to a zscore of -4. I currently like TIPs > gold - both are marked expensive. Again a review relative expensiveness.
Enjoyable article and discussion on how to use and frame relative valuation information. For the TIPS value, what duration bond is used? I was surprised by the movement in ~2008 to a zscore of -4. I currently like TIPs > gold - both are marked expensive. Again a review relative expensiveness.