Follow
____________________________
Cory’s Chart Corner
Load More
Maybe it is different, but the decline in breadth is playing out as it did during the Tech-wreck why, because humans are involved. Same ol'e crazy!
h/t @MauiBoyMacro
“.. equity market breadth has narrowed in recent weeks to one of its lowest levels on record. The S&P 500 has rallied by 14% from its low in late March and now trades at a new record high. However, the median S&P 500 constituent remains 13% below its respective high.” 👇🏼
-
Monthly Archives: November 2010
Roubini: Here's Why a Gold Standard Won't Work
Following World Bank President Robert Zoellick's comments yesterday that Group-of-20 economies should evaluate using gold as a reference point for market expectations about inflation, deflation and currency values, gold broke through $1,400 an ounce confirming to bulls that the sky, … Continue reading
Posted in Main Page
Leave a comment
David Stockman: QE2 is "high grade monetary heroine"
David Stockman former budget director in the Reagan administration, on lies the Fed is telling markets and the farce of QE: “Some people will tell you that crack cocaine is the most incredible high ever. Okay, I say, let's concede … Continue reading
Posted in Main Page
3 Comments
