From the desk of Steve Strazza @sstrazza and Grant Hawkridge @granthawkridge
Last week, we pointed out that some US stocks are going up, but most are not.
The S&P 500 and the other US large-cap indexes have continued to grind to new highs all year, completely unphased by any of the deterioration in breadth beneath the surface.
But, when looking at the global stage, things are different…