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Wonder how equities keep going in the face of economic slump? Look at the cost of capital over the past 30 years.

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Comment by Henrique Sana on January 12, 2010 at 4:38am
Nothing like a good old long-term view...but is it right to compare those diferent 'scales' ?! ('% yield' for UST vs. 'Index' for S&P) ?! Would it not be better convert the S&P in '10y yield' (moving average) and than compare with UST?

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