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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: March 2017
The public-health costs of climate change are massive
Those like the Koch brothers, oil companies and investors who have been funding pro-oil, anti-climate propaganda for decades, will be the obvious target of lawsuits to compensate for health costs, land loss (coastal real estate) and widespread suffering. It’s a … Continue reading
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Bernie Sanders responds to Trump’s first Congress speech
Bernie Sanders isn’t buying what Donald Trump is selling. In his response to the President’s first speech before Congress, Sanders calls out Trump for going back on his campaign promises, lying about corporate tax rates, and continues his push for … Continue reading
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Stocks at historic highs and yet…pension bust tsunami hitting
If ever there was a real world measure of how destructive the obsession with reckless asset inflation has been the past 20 years, it is the fact that even as stock and corporate bond prices are back near record highs, … Continue reading
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