“We are all agreed that your theory is crazy. The question which divides us is whether it is crazy enough to have a chance of being correct. My own feeling is that it is not crazy enough.”
― Niels Bohr
Click on any chart to engorge it
Click on any chart to engorge it
High Yield vs. Stocks Update
Back in July, we posted this chart showing the tendency of stocks to catch up to this high yield fund whenever the correlation between the two approached zero - especially since the early 2009 panic .