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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: March 2015
The storm after the storm
More dishonest tricks at financial conglomerates… 60 Minutes investigates allegations that thousands of homeowners were denied their flood insurance claims after Hurricane Sandy because of fraudulent engineers’ reports. Here is a direct video link.
The demand wave has crested and no monetary tricks can reverse it
“A system that works powerfully in one direction can work just as powerfully in the other.” –Micheal Pettis, When do we decide that Europe must restructure much of its debt? In late 2010 the global recovery out of the 2009 … Continue reading
Must watch: CITIZENFOUR
Finally got around to watching this documentary on the weekend. I think everyone should. Complex issues but worthy of reflection. My take is that at this time of unprecedented technological surveillance ability, we need to carefully review where we wish … Continue reading
