Large-Cap Equity Indices Struggling To Meaningfully Build On Recent Breakout, Earnings Yield Now Lagging 10-Year T-Yield
VIX has gone flat the last four weeks, even as the S&P 500 is posting newer highs. Yes, large-cap indices scored important breakouts four weeks ago, but meaningfully building on it is proving difficult. The S&P 500’s earnings yield is … Continued