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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 2018
While haters hate, Musk just keeps working on ‘impossible’ innovation
I rarely agree with Jim Cramer, but we are both in support of Musk’s comments during Tesla’s earnings call yesterday. Here is a direct video link. Tesla earnings call was the best I’ve heard in a long time, says Jim … Continue reading
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Retirement savings deficits will balloon in next bear market
Retirement savings shortfalls are not a new problem, they have been visible on the horizon for at least the last 20 years. Willfully blind workers and savers have been misled by dishonest projections from financial sales firms and academics that … Continue reading
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Corporate tax breaks at a secular peak?
With government deficits compounding already record debt levels across most of the world, something has to give in budget planning. Increasing efficiency to waste less is key, but increasing tax revenues will be necessary too, unfortunately. Poor planning and wasteful … Continue reading
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