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by chaostheory
1541 days ago
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Yes, and investors of those companies expect constant growth. Bond yields are no where near good enough for these investors. Case in point, P&G and J&J stocks have yielded about 500% and 300% in value respectively since 2000. It’s even higher if you go back further. Like it or not, that is reality. Ie if people want lower yields, they invest in different industries, companies, or financial instruments. |
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