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Bad Economic News Is Piling Up, and the Stock Market Continues To Break Records Why

Authors

The bad news is piling up, but the good news is piling up even faster.

The chart below shows the S&P 500 year-to-date.

Image: Hedgeye

The chart below shows the S&P 500 three-month average.

Image: Hedgeye

The chart below shows the S&P 500 relative to the long-term trend.

Image: Hedgeye

The chart below shows the S&P 500 relative to the long-term trend.

The chart below shows the Dow Jones U.S. Industrials relative to the long-term trend.

Image: Hedgeye

The chart below shows the Dow Jones U.S. Industrials relative to the long-term trend.

Image: Hedgeye

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