“Soft” and “hard” data at widest divergence in history … Bearish For EquitiesMark Melin
With the stock market selling off near 30 points on the S&P 500 by the close Tuesday – the Russel 2000, a “Trump rally” staple, was down 2 ¾% on the day and now negative on the year – a European Equity Strategy report from Morgan Stanley makes four key weekly observations. Chief among them is a widening gap between hard data and “ soft data ” US economic data, one that points to trouble for the stock market. This . . .
This content is exclusively for paying members.
If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.