Highest stocks-yields divergence since Operation Twist

by Ashraf Laidi

May 19, 2014 13:29

The last time stocks had been these levels relative to yields was in summer 2013. But the last time stocks were at this level relative to yields during a rising trajectory was in spring-summer 2012 when the Fed was halfway into its operation twist. Full charts & analysis here.

Click To Enlarge

Latest IMTs

• Iran Polymarket & Fed Odds
  by Ashraf Laidi | Feb 20, 2026 11:27
• Gold, Iran & Oil
  by Ashraf Laidi | Feb 19, 2026 16:40
• Trade Already in Profit
  by Ashraf Laidi | Feb 17, 2026 18:16
• I will go LIVE in 10 mins
  by Ashraf Laidi | Feb 16, 2026 21:49
• 3 Stocks Against Nasdaq
  by Ashraf Laidi | Feb 13, 2026 17:46