Does The Fed Think The S&P 500 Will Be At 750 In Jan 2015

Tyler Durden's picture

At the current pace of 'improvement' in the unemployment rate, it appears the Fed will cease its 'stimulation' in early 2015 - and based on the empirical relationship between unemployment rates and the S&P 500 that implies a healthy retracement to around 750. Seems like the index is comfortable trading back to that level...

 

 

Chart: Bloomberg