Cory’s Chart Corner
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Daily Archives: April 1, 2015
US margin use (borrowing to buy securities) peaked this cycle in February 2014 and has moved ever so slightly lower since. Historically when margin balances stop expanding, they begin contracting and bear markets have followed within a matter of months. … Continue reading
Since all central bankers are congenitally optimistic, a warning this week from Bank of Canada governor Stephen Poloz that the Canadian economy was ‘atrocious’ in the first quarter, may be understating the matter…Here is a direct video link.