Divergence

By |2012-07-30T14:32:54-04:00July 30th, 2012|Markets|

I don’t think there is much doubt what is moving stocks higher right now. The run-up at the end of last week was touched off by Mario Draghi’s comments about unlimited monetary easing, persisting through what was at best a lackluster, though completely unsurprising, US GDP report. Perhaps stock investors were relieved that GDP was not worse, but there was [...]