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JPMorgan Sounds Alarm as Equity Risk Premium Sinks to 2002 Lows

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • JPMorgan warned that the S&P 500 equity risk premium collapsed to 2.1%, its lowest level since 2002.
  • Driven by rallying stocks and surging real bond yields, this valuation squeeze makes equities hypersensitive to yields and strengthens the case for massive asset allocation out of stocks into bonds.
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US100 price history

29368.44 +18.07% over the displayed period

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