IPFS News Link • Economy - Economics USA
"This Is Madness"
• http://www.zerohedge.com, by Tyler DurdenThe S&P 500 is now trading 200 points rich to Treasury markets (or 30Y Treasury yields should be 55bps higher - despite world GDP expectations plunging as fast as oil prices)
As the S&P 500 has now closed above it 5-day moving-average for 28 days (today will be 29)...
This has never - ever - happened before in US equity markets.