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Cory’s Chart Corner
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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.” 👇🏼
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Monthly Archives: March 2012
Bankers’ design of deception is deadly for the world economy
As capital markets hang again today on the next complex deceit of PSI manipulation in Greece and rumors that the Fed could actually be considering another round of QE before the election in November, those of us who are not … Continue reading
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Jim Grant: “more QE will do more harm than good”
James Grant, Grant’s Interest Rate Observer, explains why he thinks the Federal Reserve’s new bond-buying program will do more harm than good, saying the U.S. Treasury should begin to issue longer-dated bonds backed by gold, with CNBC’s Kelly Evans. Here … Continue reading
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Interview today with Kerry Lutz of the Financial Survival Network
I did a spot with Kerry Lutz out of Greenwich this afternoon: “The ever venerable Danielle Park joined us again today, 3/7/2012, to talk about the eroding rule of law and what it means to working people around the globe. … Continue reading
