Equities are extending their gains past support by means of correlation of LIBOR 1mth and the US CPI inflation. Although this is not the usual graph components, there is a clear correlation between the three on the runup to the event on Oct 15th, since then inflation has begun to fall and LIBOR is pricing other than a continued bull run by equities
Dollar Index also shows the very rapid appreciation of dollar against other currencies, I feel this supports the message that something has to give, there is very much a growing divergence between US equities and the stage at which the global economy is at.
Thanks, trying to tie in how strong the US dollar is getting and how that could be showing the momentum in US equities. I just dont think it can be sustained.