Investment analyst and former Lawrence professor Jeff Miller provides a weekly column entitled Weighing the Week Ahead that employs many charts and offers an array of insights related to both the state of the U.S. economy and investment opportunities. This week’s version provides a link to a quarterly chartbook assembled by JP Morgan that will give even the most numerate among us plenty of food for thought. One chart of particular interest to investors suggests that when 10 year U.S. Treasuries offer relatively low interest rates (e.g., below 5%), increases in their yield are correlated with increased stock returns over rolling two year periods.
