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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: April 2012
The Bear vs Bull arguments on US stocks
Jim Bianco, president of Bianco Research LLC, and Michael Gayed, chief investment strategist at Pension Partners LLC, talk about the outlook for the U.S. stock market with Gary Shilling of A. Gary Shilling & Co. Here is the direct link.
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Shilling on the next US recession
Gary Shilling is one of the few independent and useful economists with a 40+ year record of prescient calls on the economic cycle. I always look forward to reading his detailed “Gary Shilling’s Insight” each month end. This month he … Continue reading
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The short story on China
Jim Chanos, Kynikos Associates founder & CEO, offers insight on China’s economy. “I think they’re still trying desperately to cool the property sector,” he says. Here is the direct link.
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