andrewunknown

SPX: "Keep Up, World"

SP:SPX   S&P 500 Index
353 3 4
Major developed global equity markets are still working through the pullback set off by Bernanke's hawkish performance before Congress on May 22. Except for the S&P 500             , which has run ahead in its absorption of the implications of the Fed's LSAP taper.
nice chart
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andrewunknown AnilDogru
Thanks Anil - not surprising to see US equities leading in this environment. The reasons with all indices considered are many and complex; but the extent of the decoupling suggests aggregate flows are fleeing ex-US and chasing into quality at all-time highs. On this point the divergence between the SPX and DAX is noteworthy.
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AnilDogru andrewunknown
Fund flow move Developed markets maybe ...
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