Sunday, May 10, 2015
Most important US market chart you will ever see
Here is the most important US stock market chart you will ever see in your life:
It's a table of SPY, the index ETF, versus its trailing 4 quarters dividend.
Look at the column marked "dividend over previous 4 quarters" and you'll see the only fucking reason why the stock market goes up.
And it looks like people are happy to buy SPY for a ~1.85% yield nowadays. I guess cos they get a perceived growth premium in owning it over TLT.
Ignore all the clownish commentary in the retardisphere and focus on this chart right here in this post, and you'll be golden.