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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
Free markets? funny ha ha
When corporations are permitted to operate above the law, then they are free to set up high powered trading machines to fire mercilessly on unarmed pedestrians and call it a fair game and legitimate business. And the would be police … Continue reading
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Tale as old as time: Canada’s car lust running into the ditch
All the car dealers in our town have spent millions over the past few years building out massive showrooms and car lots stacked to the brim with inventory. Even the used car lots have been growing like wildfire. That’s what … Continue reading
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Summers warns on secular stagnation
Larry articulates a good summary of the forces of deflation and slow growth at work in the world today. Former U.S. Treasury Secretary Lawrence Summers talks about economic growth and financial markets in the U.S. and China, and Democratic presidential … Continue reading
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