This Is STILL The Most Glaring Anomaly In The Market

Joe Weisenthal

We’ve run this chart several times this year, and it still holds.

It’s a one-year look at the S&P 500 (red line) vs. the yield on the 10-year (blue line).

FRED

As you can see, the S&P and the 10-year yield moved closely up until about last December, when the stock market started taking off, and the yield stayed low.

Read the rest here.