Investing Based on the Yield Curve – REITs Like it Steep

Here is an old post  where we took at a look at investing based on the yield curve.  I updated the charts here with more and less granularity.  From the tables one could infer that stocks and especially REITs love a good ol steep yield curve like we have now.  Annualized average monthly returns from 1973-2009 (although it is missing the last two months of 2009).  Check out that commodity and gold performance when yield curve is negative.