Cylicals Continue to Lead

Here’s a look at the ratio of the Morgan Stanley Cyclical Index (^CYC) divided by the &P 500. The ratio just hit a 19-month high. The ratio has turned around strongly over the last seven months.

I think this is an omen that the economy is better than many believe.

Posted by Eddy Elfenbein on March 19th, 2013 at 2:07 pm

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