Economics4u

Exactly. There are winners and losers on every transaction. Did you ever wonder why people cry about rates being too low, now they cry about them being too high?

Why look at dividend yield when many large companies pay no dividends? The earnings yield on stocks is a bit over 5%. The 10 year isn't even 3%.

How are rising interest rates a risk? The Fed has been telling us they are coming for years. Long rates are finally moving up.

I think people are going to be surprised about the coming global growth, just like they said the Fed moves would cause massive inflation, or that interest rates would never go beyond zero.