Stock Market: Battling valuations and risks

However, the earnings to bond yield ratio is below its long-term average on a trailing basis which is supporting current market valuations as bond yields have come off at around 6%. Any pickup in inflation may lead to a spike in bond yields. Going forward, the broader market performance is likely to be in line with the global trends till evidence of medium-term acceleration in earnings starts showing, according to analysts.

from Stocks-Markets-Economic Times https://ift.tt/2TRgMHp