Half a trading day in the US, has risk markets up on the lowest Black Friday volume since 2007. The same ‘two guys trading’ we have noted for many months now, as over-valued assets continue to repel serious investment capital. Meanwhile this segment gave me a chuckle. While bankers where lauded as “genius” saviors up until the credit bubble burst in 2007, today apparently they are embarrassed to admit their trade at dinner parties. Poor babies. Historically this is a step in the right direction, as we move toward the repulsion phase necessary to finally end the secular bear market. No one arrested yet though…so not there yet. Here is a direct link.
Cory’s Chart Corner
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