In this weekly note, we highlight 10 of the most important charts or themes we're currently seeing in asset classes around the world.
Equal Over Cap-Weight
The equal-weight S&P 500 (RSP) emerged to fresh multi-year highs relative to the cap-weighted S&P 500 index (SPY). Seeing this ratio break out of a multi-year base is a development that indicates a healthy expansion in participation and is further evidence of improving market internals.
