What Do Those Super Smart Stocks Know Again?

Tyler Durden's picture

It's one of those days again. Stocks have decoupled in their inimitable way as hope springs eternal of LTRO3, EFSF, or a friendly-Fed...

and across broader risk-assets - stocks are diverging higher again...

even as Europe's credit markets appear to be positioning for more encumbrance and LTRO3...

Chart: Bloomberg and Capital Context