Welcome to GuruFocus Investment Space.

Please Join Us to share your investment ideas with more than 100,000 GuruFocus users.

Join      Log in

investmentcontrarians Blog

investmentcontrarians's Space » All Blogs » View Blog

Divergence Between the S&P 500 and Current Economic Recovery Grows

208 views  2013-05-21 22:31   Tagseconomic  Federal  500 

Read More : http://www.investmentcontrarians.com/recession/divergence-between-the-s-are-investors-too-optimistic/2076/

There continues to be mixed data regarding the strength of the economic recovery in America. This is creating an interesting divergence between the level of the S&P 500 and the growth rate of the economic recovery, which is far less than many had expected so far.

The Federal Reserve Bank of Philadelphia recently released its index of manufacturing activity, which dropped to -5.2 in May, versus a reading of 1.3 in April. (Source: “Business Outlook Survey,” Federal Reserve Bank of Philadelphia web site, accessed May 17, 2013.)

What Others Are Reading : Global Recession 2013

Comments Comments (0 )



Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK