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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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Monthly Archives: June 2013
Obama White House out of control?
In “This Matters Now,” Jeffrey Sachs, Earth Institute director at Columbia University, discusses the dangers of the surveillance of phone calls and internet activity by the NSA and what it means to citizens’ privacy.Here is a direct link.
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Misplaced faith unravels
Bank of Japan fails to deliver the magic it promised. Surprise, surprise…Here is a video report.
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Recent housing strength sustainable?
Carrington’s Chris Whalen says that the jump in home prices hasn’t hit all markets and points out that a lack of first-time buyers and credit expansion means there is little support for further rises. Here is a direct video link.
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