Cylical to S&P 500 Near 13-Year High

I know I’ve become a bore on this topic, but I think it’s big news. The Morgan Stanley Cyclical Index (^CYC) is still outperforming the overall stock market. If today’s activity holds up, then the CYC-to-S&P 500 ratio will surpass the peak from last May, and touch the highest point in 13 years.
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Posted by on March 15th, 2007 at 11:17 am


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