28.08.2018 • 13:00 GMT
Is the S&P 500's Charge to Record Highs a Guiding Light for the Markets?
• The S&P 500 is one of the most prolific 'risk' benchmarks due to the ubiquity of stocks, depth of US and volume on SPX derivatives
• To start this new trading week, the S&P 500 posted a remarkable gap higher to remove any doubt of its race to record highs
• Comparison between the SPX and many other speculative benchmarks shows a wide divergence - should we believe SPX or 'the crowd'?