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20161018_edcon1_0.jpg (600×311)

Divergence city


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2 thing I learned... 
1. Can't fight FED... 
2. Can't fight Gartman... 
There you go, Pro Tip of the day... :) 10/18/16
whats a economy have to do with the stock market? not very much 10/18/16
New GuyNew Guy
Tim. I think you will find many instances of GDP and stock prices diverging on a short timeframe. 
On a longer-term basis, growth is supportive of higher equity prices. Enough to keep revenues stable,growing single digits. Low enough to ensure Fed keeps rates low. I would say biggest threat to equity markets is an acceleration in economic growth! 10/18/16