Wednesday, February 1, 2012

Stock Market Levitates Into Danger Zone

Excellent graph tonight from Michael Panzner showing the long term correlation between the stock market and the credit markets (the risk trade).  To begin the year the stock market has levitated higher into the stratosphere while the credit markets have not joined the party.  This means either credit markets are under priced or the stock market is expensive. I am betting on the latter. (Click for larger image)


1 comment:

  1. Now find all top Indian stock market analyst with their stock market recommendations at one place

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