Chart of the Week: SP500

Chart of the Week Video: SP500

This week’s Chart of the Week goes to the SP500 for making a new all time closing high.   In its march towards these all time highs, the US equity markets have defied all of the skeptics, have steam rolled all of the naysayers, and have rendered every metric to measure market and economic health absolutely useless with the exception of one –a belief that the loose monetary policies of global central bankers can right the economy and markets. 

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cow 3.31.13.sp500 from ARL Advisers, LLC on Vimeo.