Boom-Bust Barometer Not Keeping Pace With S&P 500

The Boom-Bust Barometer (CRB raw industrial index divided by jobless claims) made a high on July 16th. It has subsequently fallen to two month lows as the S&P 500 began to rally in mid-August. If the US dollar continues to rally, this may hold back commodity prices and thus, hold back the Boom-Bust Barometer.