Stocks increasingly extreme Expensive vs bonds

Callum_Thomas
2023-10-08

Stocks increasingly extreme Expensive vs bonds: $S&P 500(.SPX)$

also, stocks somewhat expensive vs history, AND bonds are cheap in absolute terms

chart shows relative performance of stocks vs bonds in the black, and relative value indicator in the red

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The VIX $Cboe Volatility Index(VIX)$ peaked right on cue with the historical seasonal peak

volatility is still typically elevated around this time of the year, but historically tends to drift lower towards year-end (albeit there are exceptions e.g. 2018 where rate shock sank markets into Dec)

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US Stocks Opportunities
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