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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: June 2013
Gross: Fed likely to taper in 2013 out of necessity
Bill Gross, founder and co-CIO of Pimco, thinks the Fed will have to “taper” its bond purchases by the end of the year because lower deficits in Washington mean the Treasury will issue less debt, which could create a shortage … Continue reading
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The moral debate on banking
“Five years since the financial crisis and not one individual has been prosecuted. But can we really lay all the blame on bankers or were they just the pawns of a system society created? John Authers, senior investment columnist, reports … Continue reading
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Renewable energies on the rise
Windsor Castle is powered by a water turbine, while the roof of Blackfriars station is covered by solar panels. Here is a direct video link. Yes renewable energy requires long-term investment and government assistance to get established. But all of … Continue reading
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