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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: May 2015
The high cost of low price
This film focuses on Wal-mart, but the themes extend to multinational conglomerates generally and help to explain why local spending has increasingly been funneled out of local communities and into offshore jobs and shareholders. We have all been part of … Continue reading
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That Film About Money
This short film is a good summary of the banking system today. Reckless leverage in the financial sector, encouraged by government guarantees and reflated by QE, has created the financial monster now eating us. Here is a direct video link … Continue reading
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Making finance serve society
Further to my post on Friday of the video of Brooksley Born and Anat Admati‘s remarks at the Finance and Society conference in Washington last week, Anat Admati sent me a link to the text of her talk on the … Continue reading
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