Race To The Top Or Bottom?

11/27/12 03:06PM EST

Looking at four major equity indices (S&P 500, Dow Jones Industrial Average, Nasdaq Composite, Russell 2000), we can see that the Nasdaq has been the best performer year-to-date. And up until mid-September, everyone would have laughed at you if you suggested that stocks would undergo a downturn later in the year. But since the September Bernanke Top, these indices are struggling to hold on to their gains. As growth slows and corporate earnings slow, it's tough being a bull.

Race To The Top Or Bottom? - image001

© 2024 Hedgeye Risk Management, LLC. The information contained herein is the property of Hedgeye, which reserves all rights thereto. Redistribution of any part of this information is prohibited without the express written consent of Hedgeye. Hedgeye is not responsible for any errors in or omissions to this information, or for any consequences that may result from the use of this information.