Under-the-radar trend suggests market’s hot streak…

Under-the-radar trend suggests market’s hot streak…

Economic forecaster Lakshman Achuthan cites a bullish, under-the-radar trend in a chart highlighting the firm’s special weekly leading index and S&P 500.

“This weekly leading index objectively in an apolitical way tells us what do all these positives and negatives, the crosscurrents, add up to. So far, so good,” he said. “The cyclical recovery is on track, and it has been on track. The question is where does it go from here?”…

Source: CNBC

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