From Danielle Park Web Site:
Not 6 weeks after the US Fed pledged Q’Efiniity injections, the S&P 500 has not only given back all of its initial gains made on that announcement, but has also broken below the top it forged on QE2 stimulus last spring. The Canadian TSX too is following global growth down and is now a full 16% lower than its nearest cycle peak 18 months ago in April 2011.
Click to enlarge.
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