According to the latest public filings submitted to the U.S. Securities and Exchange Commission (SEC), all nominated board candidates were successfully approved by shareholders at the recent shareholders meeting of Coca-Cola (KO).

The 10-year US Treasury yield has surpassed 5%, making bonds more attractive relative to stocks than at any point in the past 25 years. The earnings yield of stocks, as measured by the inverse of the S&P 500’s price-to-earnings ratio, is now lower than the 10-year US Treasury yield, resulting in a clear yield suppression effect on the stock market from bonds. According to the Shiller model, the S&P 500 may outperform bonds by only about 1% annually over the next decade. The 20-year paradigm of stocks outperforming bonds has officially come to an end.

Analysts state that the rapid growth in copper demand driven by power infrastructure and artificial intelligence (AI) provides a new rationale for investors to allocate to the mining sector. Australian mining stocks are expected to continue their upward trend.