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

219 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

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