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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: February 2014
Why the cure for high prices is high prices
Investor demand, large and small, put a floor on home prices after the housing crash and ignited a recovery. While institutional investors made up a small percentage of those home buyers, they have garnered the most attention because of the … Continue reading
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60 Minutes: 100,000 homes for the homeless
Giving apartments to homeless people who’ve been on the streets for years before they’ve received treatment for drug or alcohol problems or mental illness may not sound like a wise idea. But that’s what’s being done in cities across America … Continue reading
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With monetary “easing” like QE who needs tightening?
All the talk, talk, talk, about Central Banks “saving” the economy and consumers getting stronger and “taper isn’t tighter”…one might easily get the impression that consumer spending constraints have been loosening the past year. And yet incomes have continued to … Continue reading
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