What Do Stocks Know?

With global GDP expectations plumbing new depths (at 2.48% consensus for 2014)

 

…one could understand why it is that 30Y US Treasury yields are at 16-month lows, that Dr.Copper is tumbling, and crude oil prices slumping.

 

But apart from the fundamentals of global macro strength, what – at almost record highs – does the US equity market know that every other asset class does not…

 

Charts: Bloomberg




via Zero Hedge http://ift.tt/1BxDZvf Tyler Durden

Leave a Reply

Your email address will not be published. Required fields are marked *