Random thoughts and rhetorical questions from yet another blog focused on business trends for an audience of one, me. Just jotting thoughts, notes, etc. Nothing much more than that. There are known knowns. These are things we know that we know. There are known unknowns. That is to say, there are things that we know we don't know. But there are also unknown unknowns. There are things we don't know we don't know... ~The ironic zen of Donald Rumsfeld
Despite the closeness to a new SPX-yearly high, the SPX-TLT ratio (a proxy for the equity premium) remains rangebound. Is this a negative divergence implying that the current SPX is gilded?
posted by internet @ 5:24 PM
