Weakness Not Overly Concerning - Yet

From Short Takes
December 26, 2012 - 2:02pm

Below is an updated version of the chart we presented Monday. The chart below is as of 1:48 PM ET Wednesday, when the S&P was down 7 points. The chart has not broken down in a meaningful way. When the ratio rises, stocks are in favor relative to bonds (risk-on). When the ratio falls, [...]

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