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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: September 2014
Scotland referendum: inside the Yes camp
The National travels in Scotland to get the pulse of the independence movement just a few days ahead of a historic vote to determine the country’s future course. Those pushing for a Yes vote in Thursday’s referendum are motivated by … Continue reading
IMF warns investors taking “excessive risks” in markets
First we had the OECD warn on Monday that current market bullishness appeared “at odds” with the “intensification of several significant risks.” This morning we have the International Monetary fund, the world’s watchdog for financial and economic stability, warning that … Continue reading
Fed expects to raise funds rate 450% over next 12 months
Tightening on steroids…from .25% today, the Yellen-led Fed says they expect to raise the funds rate to 1.375 (+450%) by the end of 2015 and to 3.75% (+1400%!) by the end of 2017. See: Fed officials predict Fed funds rate … Continue reading
