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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: January 2017
Evans-Pritchard: Why euphoria could turn to credit crunch in 2017
Good New Year look ahead piece yesterday from the UK Telegraph’s Ambrose Evans-Pritchard. See: Trump, interest rates and Chinese panic: Why euphoria could turn to credit crunch in 2017. Here is a taste, but worth reading the whole thing: Donald … Continue reading
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