And his arguments in favor of buying individual stocks over bonds or mutual funds are convincing.
The equity risk premium (excess return of stocks over bonds) has ranged between 0 to 11%, it was 3% in 2001 also.
Major institutional fund managers favor European bonds and the dollar over American bonds, according to a survey.
Moreover, banks could demand assets for collateral against loans, or require that bank debt receive preference over bonds when it comes time to make payments.
They can be shown as cationic character shared (delocalized) over several bonds.
First term (summing over bonds): represents the energy between covalently bonded atoms.
Is the recent market turbulence just a tiny price that long-term stock-market investors pay to enjoy very large excess returns over bonds?
A higher earnings yield may not be evidence of undervaluation but instead may reflect nothing more than stocks' risk premium over bonds.
You can earn quite a bit more than 100 basis points [hundredths of a percentage point] over insured bonds in these areas.
Much of the buying was prompted by continuing changes in institutional portfolios favoring Treasury issues over corporate bonds.