Wednesday, March 24, 2010

Stocks – scant value in momentum market

Stocks – scant value in momentum market

A bit technical, but the 12-month momentum of US equities narrowly tracks the US GDP-weighted Purchasing Managers Index (PMI). Read on to find out what this relationship is telling us about current market levels.

Posted by prieur du plessis @ 03:09 PM (694 views)
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