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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
“Ah ha moment” building
The consensus view tends to be thick and slow to acknowledge economic downturn. There is no doubt that the currency of Central Bank experiments over the past 3 years has bought the bulls additional room to run this cycle. But … Continue reading
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Harmful financial habits die hard
“First boom, then bust, then more bad luck. That’s how analyst Meredith Whitney views those states that experienced the meteoric rise, then fall of their housing markets in the last decade, spending the extra tax revenue during the boom times … Continue reading
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Fracking hush money
The energy industry claims there’s no proof fracking hurts the environment, but it turns out they’ve made sure there’s no proof, by paying complainers in exchange for their silence. Here is a direct link.
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