A new study reveals that the difference between the S&P 500’s earnings yield and long-term TIPS yield can forecast market returns. Discover how this straightforward tool can help investors navigate market cycles and set realistic expectations for the years ahead.
A groundbreaking study, published in the September 2025 issue of the International Review of Economics & Finance, reveals that a surprisingly simple metric—the difference between current S&P 500 earnings yield and long-term real Treasury Inflation-Pr... [9979 chars]