Euro Financials Have Beat the SPX by 30% Since Summer, Now What?

2012-12-06 · by · in Equities, Europe, Financials, Ratios, Spread Trade, SPX, Technical Analysis

The chart below plots the ratio of the DJ Euro Financials Index vs. SPX This ratio has risen by ~30% since this summer after bottoming along line (3). For some background on why Euro-centric has out-performed U.S.-centric in recent months,…

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