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Adding Up the Fed Model's Flawed Math
By Rebecca Byrne
05/28/04 - 07:01 AM EDT
Depending too much on bond yields to derive stock valuations is a dangerous game.
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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
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-1.73%
-1.46%
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