The S&P 500 rally continues when…..

Here’s one for boffins;

My study of the U.S. 5 year government bond yields minus the 5 year breakeven inflation rate is close to hitting a combination of metrics which increases probability that the S&P 500 commences a new or extends an existing rally.

The red vertical lines denote previous such moments.

April 19, 2024

by Rob Zdravevski

rob@karriasset.com.au