So... here we are at the end of 2013 with the 10-year Treasury yield closing up shop at its year-to-date highs. It's 3.01% for the 10-year and 1847 on the S&P 500. All-time high on the latter.
So much for that whole #RatesRising is going to "kill the stock market" thing.
Instead, the growth expectations embedded in a +4.12% GDP print perpetuated all-time highs for growth investing. It was an #AmericanBeauty of a set up for US growth stocks.
Gold and bonds? Not so much.
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