The S&P500 And 10-Year Treasury Yields Since 1980

As reference, here is a long-term chart of the S&P500 (top plot) and 10-Year U.S. Treasury yield (bottom plot) since 1980, depicted on a monthly basis through the November 10, 2017 closing values:

(click on charts to enlarge images)(charts courtesy of StockCharts.com; chart creation and annotation by the author)

S&P500 And 10-Year U.S. Treasury Yields

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The Special Note summarizes my overall thoughts about our economic situation

SPX at 2581.90 as this post is written