Economics
Economic-Policy Doubts Cast a Pall Over Stocks: Chart of the Day
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Growing doubts about the direction of U.S. economic policy may limit any stock-market gains in the next few months, according to Myles Zyblock, chief institutional strategist at RBC Capital Markets.
The CHART OF THE DAY displays a policy-uncertainty index that Zyblock cited in a note to clients yesterday. The gauge rose in May after dropping for five months in a row, and the increase offset most of the decline during that streak.