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Cory’s Chart Corner
Load MoreMaybe 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
Kalani o Māui @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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“An explosive critique about the investment industry: provocative and well worth reading.”
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Monthly Archives: May 2012
More on the Canadian Housing Market
Good segment on the Housing Market last night on CBC. Worth a watch. Here is the direct link. Main supports to this bubble have been the usual suspects of artificially suppressed interest rates and government (taxpayer) underwriting of lender risk … Continue reading
Good discussion on income disparity in America
The perpetual discussion about the ongoing battle between rich and poor, between the one percent and the ninety-nine percent, has generated a great deal of heat, but not much light. With The Great Divergence: America’s Growing Inequality Crisis and What … Continue reading
Fed’s Fisher: Without more demand, monetary stimulus won’t work
Dallas Fed President Richard Fisher has a message for Congress: “They have to do their part; we’ve done ours.” “If you want the bottom line: what we do is necessary but not sufficient,” he says. “Unless you have right fiscal … Continue reading
