Stocks Shrug Off FX Chaos: S&P 500 Stays Bid Near Records
The most remarkable market statistic of September so far isn’t in the FX market — it’s in the equity market’s refusal to care about it. While the yen careened through its second 600-pip shock of the quarter and the dollar ripped to new highs, the S&P 500 has spent the week calmly consolidating near 7,650 […]