Dividend Yield higher than 10 Year T-note for the first time in 50 years

[plump]

I thought this was an intriguing article

http://www.marketwatch.com/news/story/first-time-50-years-stocks/story.aspx?guid={E072D0B2-0A01-47FD-9FA9-7A2CB6DFD1EE}&siteid=yahoomy

Apart from the reasons given in the article, is it a reflection of the stocks being beaten down big time or the the result of fed actions trying to bring down the long term rates to bring down cost of borrowing..

any comments Joey ?

 

[Farina]

I think a bit of both.

Did anyone see the Bill Gross article where he pointed out most equities weren't really that cheap at all because the cost of borrowing won't return to anything like the compressed spreads we saw at the peak of the last cycle?

 

[plump]

nope..could you care to post the link ?